ADRIATIC + AS: årsregnskap 2017 vs 2016
Grew 103038% on revenue
approved 2018-08-08; registry 2018-08-15; journal 2018 912428
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADRIATIC + AS. Revenue 2 785 NOK → 2.87m NOK (+103038.1%). Equity -1.63m NOK → -2.10m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADRIATIC + AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 785 NOK to 2.87m NOK (+103038.1% YoY). Calculated
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↑
Cash rose
Bank deposits 14.1k NOK → 38.2k NOK (+170.4% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -1.63m NOK → -2.10m NOK (equity ratio -410.7% → -966.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -966.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 3 NOK → 3.36m NOK (0% → 117% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1 004 NOK → 1.05m NOK (+104619.6% YoY). Calculated