FirmaIQ
Org.nr 947 812 815 2016 → 2017 Year-over-year analysis

ADONIS AS: årsregnskap 2017 vs 2016

Grew 79% on revenue, returned to profit

approved 2018-06-25; registry 2018-08-15; journal 2018 910489

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADONIS AS. Revenue 11.67m NOK → 20.90m NOK (+79.1%). Net result -2.81bn NOK → +1.09m NOK. Equity 2.61m NOK → 3.70m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADONIS AS.

At a glance

Scorecard

Revenue
11.67m NOK 20.90m NOK
+79.1%
Operating result
n/m +1.27m NOK
—
Net result
-2.81bn NOK +1.09m NOK
+100.0%
Equity
2.61m NOK 3.70m NOK
+41.7%
Cash
2.29m NOK 1.73m NOK
-24.2%
Total assets
16.48m NOK 21.36m NOK
+29.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.67m NOK to 20.90m NOK (+79.1% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.81bn NOK to a profit of 1.09m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.61m NOK → 3.70m NOK (equity ratio 15.9% → 17.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.29m NOK → 1.73m NOK (-24.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 6.05m NOK → 6.51m NOK (+7.7% YoY). Calculated