Org.nr 912 808 165 2016 → 2017 Year-over-year analysis

ADRUIKA AS: årsregnskap 2017 vs 2016

Shrank 100% on revenue, stronger earnings

approved 2018-06-30; registry 2018-07-19; journal 2018 724663

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADRUIKA AS. Revenue 33.98m NOK → 0 NOK (-100.0%). Net result +102.5k NOK → +640.1k NOK. Equity 32.2k NOK → 1.67m NOK.

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

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

Scorecard

Revenue
33.98m NOK 0 NOK
-100.0%
Operating result
+156.8k NOK +43.4k NOK
-72.3%
Net result
+102.5k NOK +640.1k NOK
+524.2%
Equity
32.2k NOK 1.67m NOK
+5100.7%
Cash
863.4k NOK 493.2k NOK
-42.9%
Total assets
1.43m NOK 1.70m NOK
+18.8%

What improved

  • ↑

    Net result improved

    Net result +102.5k NOK → +640.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 32.2k NOK → 1.67m NOK (equity ratio 2.3% → 98.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 33.98m NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +156.8k NOK → +43.4k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 863.4k NOK → 493.2k NOK (-42.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1725.32× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 28.71m NOK → 28.7k NOK (-99.9% YoY). Calculated