ADOLFSEN SERVICE AS: årsregnskap 2017 vs 2016
Grew 166% on revenue
approved 2018-04-19; registry 2018-04-26; journal 2018 287385
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADOLFSEN SERVICE AS. Revenue 859.1k NOK → 2.28m NOK (+165.7%). Equity 6.51m NOK → 694.9k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADOLFSEN SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 859.1k NOK to 2.28m NOK (+165.7% YoY). Calculated
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↑
Cash rose
Bank deposits 412.0k NOK → 478.4k NOK (+16.1% YoY). Calculated
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↑
Payroll decreased
Salary cost 10509.74bn NOK → 9 NOK (1223289842% → 0% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 6.51m NOK → 694.9k NOK (equity ratio 729.2% → 121.3%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 216.7k NOK → 172.2k NOK (-20.5% YoY). Calculated