ADVENTURE 4 LIFE AS: årsregnskap 2016 vs 2015
Grew 339% on revenue, returned to profit
approved 2017-06-28; registry 2017-07-01; journal 2017 573853
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVENTURE 4 LIFE AS. Revenue 43.0k NOK → 188.4k NOK (+338.5%). Net result -1 360 NOK → +49.5k NOK. Equity 121.6k NOK → 171.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVENTURE 4 LIFE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 43.0k NOK to 188.4k NOK (+338.5% YoY). Calculated
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Operating result improved
Operating result -1 507 NOK → +62.4k NOK (op. margin -3.5% → 33.1%). Calculated
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Turned profitable
Net result flipped from a loss of 1 360 NOK to a profit of 49.5k NOK. Calculated
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Equity strengthened
Book equity 121.6k NOK → 171.1k NOK (equity ratio 99.1% → 89.9%). Calculated
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Cash rose
Bank deposits 120.6k NOK → 184.3k NOK (+52.9% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 31.0k NOK → 108.8k NOK (+250.9% YoY). Calculated