FirmaIQ
Org.nr 815 387 252 2016 → 2017 Year-over-year analysis

ADVENTURE THOR AS: årsregnskap 2017 vs 2016

Shrank 45% on revenue, weaker earnings

approved 2018-02-27; registry 2018-04-09; journal 2018 254861

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVENTURE THOR AS. Revenue 978.4k NOK → 533.4k NOK (-45.5%). Net result +47.9k NOK → +11.1k NOK. Equity 72.3k NOK → 61.2k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
978.4k NOK 533.4k NOK
-45.5%
Operating result
+60.7k NOK +11.4k NOK
-81.2%
Net result
+47.9k NOK +11.1k NOK
-76.9%
Equity
72.3k NOK 61.2k NOK
-15.3%
Cash
502.0k NOK 310.7k NOK
-38.1%
Total assets
505.0k NOK 410.7k NOK
-18.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 978.4k NOK to 533.4k NOK (-45.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +60.7k NOK → +11.4k NOK (op. margin 6.2% → 2.1%). Calculated

  • ↓

    Net result weakened

    Net result +47.9k NOK → +11.1k NOK (net margin 4.9% → 2.1%). Calculated

  • ↓

    Equity eroded

    Book equity 72.3k NOK → 61.2k NOK (equity ratio 14.3% → 14.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 502.0k NOK → 310.7k NOK (-38.1% YoY). Calculated