ADRIAN & CO AS: årsregnskap 2017 vs 2016
Grew 39% on revenue, weaker earnings
approved 2018-06-28; registry 2018-08-16; journal 2018 912885
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADRIAN & CO AS. Revenue 224.5k NOK → 312.3k NOK (+39.2%). Net result +15.63m NOK → +4.89m NOK. Equity 79.44m NOK → 82.38m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADRIAN & CO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 224.5k NOK to 312.3k NOK (+39.2% YoY). Calculated
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↑
Operating result improved
Operating result -716.8k NOK → -693.8k NOK (op. margin -319.4% → -222.1%). Calculated
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↑
Equity strengthened
Book equity 79.44m NOK → 82.38m NOK (equity ratio 99.6% → 99.6%). Calculated
What deteriorated
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↓
Net result weakened
Net result +15.63m NOK → +4.89m NOK (net margin 6963.1% → 1567.1%). Calculated
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↓
Cash fell
Bank deposits 20.00m NOK → 11.07m NOK (-44.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 373.4k NOK → 419.1k NOK (166% → 134% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 744.5k NOK → 35.46m NOK. Reported fact