ADVENTURE AS: årsregnskap 2017 vs 2016
Returned to profit
approved 2018-06-28; registry 2018-07-07; journal 2018 633925
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVENTURE AS. Net result -422.2k NOK → +11.8k NOK. Equity 5.19m NOK → 4.71m NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVENTURE AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -598.3k NOK → -104.3k NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 422.2k NOK to a profit of 11.8k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 5.19m NOK → 4.71m NOK (equity ratio 88.1% → 87.0%). Calculated
-
↓
Cash fell
Bank deposits 89.7k NOK → 79.3k NOK (-11.6% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.68m NOK → 672.8k NOK. Reported fact