ADRIA WINCH NORWAY AS: årsregnskap 2017 vs 2016
Shrank 19% on revenue, cash halved-plus
approved 2018-05-24; registry 2018-07-30; journal 2018 830209
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADRIA WINCH NORWAY AS. Revenue 504.4k NOK → 410.6k NOK (-18.6%). Equity 1.38m NOK → 2.14m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
504.4k NOK
410.6k NOK
-18.6%
Net result
n/m
+762.4k NOK
—
Equity
1.38m NOK
2.14m NOK
+55.4%
Cash
583.8k NOK
254.3k NOK
-56.4%
Total assets
1.59m NOK
2.48m NOK
+55.5%
What improved
-
↑
Equity strengthened
Book equity 1.38m NOK → 2.14m NOK (equity ratio 86.3% → 86.3%). Calculated
-
↑
Payroll decreased
Salary cost 2.12m NOK → 252.6k NOK (420% → 62% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 504.4k NOK to 410.6k NOK (-18.6% YoY). Calculated
-
↓
Cash fell
Bank deposits 583.8k NOK → 254.3k NOK (-56.4% YoY). Calculated