ADV STUBBERUD FISKEBÅT OG KVOTEMEGLING AS: årsregnskap 2017 vs 2016
Grew 601% on revenue, returned to profit
approved 2018-06-08; registry 2018-06-13; journal 2018 477995
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADV STUBBERUD FISKEBÅT OG KVOTEMEGLING AS. Revenue 9 308 NOK → 65.2k NOK (+600.6%). Net result -58.2k NOK → +218.3k NOK. Equity -28.2k NOK → -246.4k NOK.
On the constructive side: revenue rose; turned profitable; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADV STUBBERUD FISKEBÅT OG KVOTEMEGLING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 9 308 NOK to 65.2k NOK (+600.6% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 58.2k NOK to a profit of 218.3k NOK. Calculated
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Cash rose
Bank deposits 4 631 NOK → 9 768 NOK (+110.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -28.2k NOK → -246.4k NOK (equity ratio -6.4% → -38.2%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -38.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation