ADRENALINCONSULT AS: årsregnskap 2017 vs 2016
Grew 16% on revenue
approved 2018-06-30; registry 2018-07-10; journal 2018 668204
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADRENALINCONSULT AS. Revenue 635.8k NOK → 734.5k NOK (+15.5%). Equity 168.5k NOK → 160.7k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADRENALINCONSULT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 635.8k NOK to 734.5k NOK (+15.5% YoY). Calculated
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↑
Cash rose
Bank deposits 24.6k NOK → 7.14m NOK (+28970.3% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 168.5k NOK → 160.7k NOK (equity ratio 60.5% → 45010.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.43× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 7 617 NOK → 6.13m NOK (1% → 835% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 502.4k NOK → 415.7k NOK (-17.3% YoY). Calculated