ADVENTURE SENJA AS: årsregnskap 2017 vs 2016
Grew 213% on revenue, fresh owner capital
approved 2018-05-16; registry 2018-05-31; journal 2018 384264
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVENTURE SENJA AS. Revenue 488.2k NOK → 1.53m NOK (+213.1%). Equity 542.1k NOK → 179.9k NOK.
On the constructive side: revenue rose; current ratio back above 1×; owners injected capital. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADVENTURE SENJA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 488.2k NOK to 1.53m NOK (+213.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.06× → 1.23×. Calculated
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↑
Owners injected capital
Paid-in equity rose 838 NOK → 838.0k NOK (+837.2k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +52.3k NOK → +31.9k NOK (op. margin 10.7% → 2.1%). Calculated
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↓
Equity eroded
Book equity 542.1k NOK → 179.9k NOK (equity ratio 13.2% → 5.4%). Calculated
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↓
Cash fell
Bank deposits 435.9k NOK → 391.5k NOK (-10.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 95.5k NOK → 76.0k NOK (-20.4% YoY). Calculated