Org.nr 994 080 407 2016 → 2017 Year-over-year analysis

ADRETT AS: årsregnskap 2017 vs 2016

Grew 5% on revenue

approved 2018-03-12; registry 2018-04-16; journal 2018 265212

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADRETT AS. Revenue 6.37m NOK → 6.69m NOK (+5.0%). Net result +872.7k NOK → +719.9k NOK. Equity 653.1k NOK → 373.0k NOK.

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

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

Scorecard

Revenue
6.37m NOK 6.69m NOK
+5.0%
Operating result
+181.1k NOK +933.3k NOK
+415.4%
Net result
+872.7k NOK +719.9k NOK
-17.5%
Equity
653.1k NOK 373.0k NOK
-42.9%
Cash
1.61m NOK n/m
—
Total assets
2.71m NOK 3.03m NOK
+11.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.37m NOK to 6.69m NOK (+5.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +181.1k NOK → +933.3k NOK (op. margin 2.8% → 14.0%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +872.7k NOK → +719.9k NOK (net margin 13.7% → 10.8%). Calculated

  • ↓

    Equity eroded

    Book equity 653.1k NOK → 373.0k NOK (equity ratio 24.1% → 12.3%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2.09m NOK → 2.36m NOK (+13.1% YoY). Calculated