ADORE AS: årsregnskap 2017 vs 2016
Mixed movements in the accounts
approved 2018-06-25; registry 2018-07-24; journal 2018 778312
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADORE AS. Revenue 1.58m NOK → 1.58m NOK (+0.0%). Equity 370.1k NOK → 306.5k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADORE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.58m NOK to 1.58m NOK (+0.0% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 370.1k NOK → 306.5k NOK (equity ratio 47.6% → 41.0%). Calculated
-
↓
Cash fell
Bank deposits 241.1k NOK → 193.1k NOK (-19.9% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 565.3k NOK → 727.2k NOK (36% → 46% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 853.7k NOK → 577.2k NOK (-32.4% YoY). Calculated