Org.nr 915 362 583 2016 → 2017 Year-over-year analysis

ADVENTURE NORWAY AS: årsregnskap 2017 vs 2016

Grew 358% on revenue

approved 2018-05-31; registry 2018-06-13; journal 2018 476041

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVENTURE NORWAY AS. Revenue 320.2k NOK → 1.47m NOK (+357.6%). Equity 234.6k NOK → 310.6k NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased.

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

Scorecard

Revenue
320.2k NOK 1.47m NOK
+357.6%
Equity
234.6k NOK 310.6k NOK
+32.4%
Cash
89.7k NOK 89.7k NOK
0.0%
Total assets
817.4k NOK 747.4k NOK
-8.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 320.2k NOK to 1.47m NOK (+357.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 234.6k NOK → 310.6k NOK (equity ratio 28.7% → 41.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 342.0k NOK → 300.6k NOK (107% → 21% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 236.7k NOK → 179.1k NOK (-24.3% YoY). Calculated