ADRIAN MALERSERVICE AS: årsregnskap 2017 vs 2016
Grew 75% on revenue, cash halved-plus
approved 2018-05-07; registry 2018-05-23; journal 2018 337551
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADRIAN MALERSERVICE AS. Revenue 3.43m NOK → 5.99m NOK (+74.9%). Equity 279.7k NOK → 558.3k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADRIAN MALERSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.43m NOK to 5.99m NOK (+74.9% YoY). Calculated
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↑
Equity strengthened
Book equity 279.7k NOK → 558.3k NOK (equity ratio 31.5% → 25.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 647.0k NOK → 15.5k NOK (-97.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.31m NOK → 4.58m NOK (67% → 76% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 85.5k NOK → 198.5k NOK (+132.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 5 584 NOK → 200 NOK. Reported fact