ADVENTURE PHOTO AS: årsregnskap 2017 vs 2016
Stronger earnings
approved 2018-04-25; registry 2018-05-08; journal 2018 304411
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVENTURE PHOTO AS. Revenue 1.02m NOK → 1.05m NOK (+3.0%). Net result +4 NOK → +84.8k NOK. Equity 105.4k NOK → 190.2k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVENTURE PHOTO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.02m NOK to 1.05m NOK (+3.0% YoY). Calculated
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Net result improved
Net result +4 NOK → +84.8k NOK (net margin 0.0% → 8.1%). Calculated
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↑
Equity strengthened
Book equity 105.4k NOK → 190.2k NOK (equity ratio 44.1% → 66.8%). Calculated
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Cash rose
Bank deposits 9 864 NOK → 53.4k NOK (+441.6% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 176.7k NOK → 224.3k NOK (17% → 21% of revenue). Calculated
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COGS moved
COGS / varekostnad 1 858 NOK → 7 730 NOK (+316.0% YoY). Calculated