FirmaIQ
Org.nr 982 713 862 2016 → 2017 Year-over-year analysis

ADRENALIN AS: årsregnskap 2017 vs 2016

Grew 204% on revenue, stronger earnings

approved 2018-06-30; registry 2018-08-06; journal 2018 860337

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADRENALIN AS. Revenue 1.62m NOK → 4.93m NOK (+204.5%). Net result +4 547 NOK → +578.9k NOK. Equity 9.32m NOK → 8.90m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADRENALIN AS.

At a glance

Scorecard

Revenue
1.62m NOK 4.93m NOK
+204.5%
Operating result
+13.6k NOK +3.37m NOK
+24627.2%
Net result
+4 547 NOK +578.9k NOK
+12630.7%
Equity
9.32m NOK 8.90m NOK
-4.5%
Cash
2.27m NOK 2.74m NOK
+21.0%
Total assets
9.87m NOK 9.65m NOK
-2.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.62m NOK to 4.93m NOK (+204.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +13.6k NOK → +3.37m NOK (op. margin 0.8% → 68.3%). Calculated

  • ↑

    Net result improved

    Net result +4 547 NOK → +578.9k NOK (net margin 0.3% → 11.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.27m NOK → 2.74m NOK (+21.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.22m NOK → 3 NOK (261% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 9.32m NOK → 8.90m NOK (equity ratio 94.4% → 92.2%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 948.5k NOK → 429.0k NOK. Reported fact