Org.nr 951 237 205 2016 → 2017 Year-over-year analysis

ADRIAN AS: årsregnskap 2017 vs 2016

Grew 58% on revenue

approved 2018-05-29; registry 2018-06-06; journal 2018 416678

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADRIAN AS. Revenue -9.30m NOK → -3.87m NOK (+58.4%). Equity 61.67m NOK → 57.74m NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.

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

At a glance

Revenue

-9.30m NOK -3.87m NOK

+58.4%

Net result

+8 433 NOK n/m

—

Equity

61.67m NOK 57.74m NOK

-6.4%

Cash

6.91m NOK 10.70m NOK

+54.9%

Total assets

92.41m NOK 79.58m NOK

-13.9%

↑
Revenue rose

Operating income / revenue moved from -9.30m NOK to -3.87m NOK (+58.4% YoY). Calculated
↑
Cash rose

Bank deposits 6.91m NOK → 10.70m NOK (+54.9% YoY). Calculated
↑
Payroll decreased

Salary cost 497.4k NOK → 134.8k NOK. Calculated

↓
Equity eroded

Book equity 61.67m NOK → 57.74m NOK (equity ratio 66.7% → 72.6%). Calculated

·
Book investments changed

Investment / intangible book value 43.28m NOK → 50.37m NOK. Reported fact