Org.nr 989 431 447 2016 → 2017 Year-over-year analysis

ADROMEDA AS: årsregnskap 2017 vs 2016

Weaker earnings, cash halved-plus

approved 2018-04-23; registry 2018-05-26; journal 2018 350559

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADROMEDA AS. Revenue 0 NOK → 62.8k NOK. Net result +71.9k NOK → +36.7k NOK. Equity -4.96m NOK → -4.99m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADROMEDA AS.

At a glance

Revenue

0 NOK 62.8k NOK

—

Operating result

-26.7k NOK +20.8k NOK

+178.0%

Net result

+71.9k NOK +36.7k NOK

-48.9%

Equity

-4.96m NOK -4.99m NOK

-0.7%

Cash

108.3k NOK 28.1k NOK

-74.1%

Total assets

108.3k NOK 374.8k NOK

+245.9%

↑
Revenue rose

Operating income / revenue moved from 0 NOK to 62.8k NOK. Calculated
↑
Operating result improved

Operating result -26.7k NOK → +20.8k NOK. Calculated

↓
Net result weakened

Net result +71.9k NOK → +36.7k NOK. Calculated
↓
Equity eroded

Book equity -4.96m NOK → -4.99m NOK (equity ratio -4575.2% → -1332.3%). Calculated
↓
Cash fell

Bank deposits 108.3k NOK → 28.1k NOK (-74.1% YoY). Calculated