ADRENALINEVENT AS: årsregnskap 2017 vs 2016
Shrank 62% on revenue, weaker earnings
approved 2018-05-11; registry 2018-07-31; journal 2018 836293
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADRENALINEVENT AS. Revenue 575.2k NOK → 219.9k NOK (-61.8%). Net result +232.5k NOK → +54.1k NOK. Equity 561.7k NOK → 507.6k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADRENALINEVENT AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 575.2k NOK to 219.9k NOK (-61.8% YoY). Calculated
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↓
Operating result weakened
Operating result +234.6k NOK → +54.2k NOK (op. margin 40.8% → 24.7%). Calculated
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↓
Net result weakened
Net result +232.5k NOK → +54.1k NOK (net margin 40.4% → 24.6%). Calculated
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↓
Equity eroded
Book equity 561.7k NOK → 507.6k NOK (equity ratio 73.6% → 86.0%). Calculated
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↓
Cash fell
Bank deposits 290.1k NOK → 217.8k NOK (-24.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 149.9k NOK → 40.1k NOK (-73.2% YoY). Calculated