ADWANS AS: årsregnskap 2017 vs 2016
Grew 170% on revenue
approved 2018-05-14; registry 2018-06-19; journal 2018 500831
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADWANS AS. Revenue 284.9k NOK → 769.2k NOK (+170.0%). Equity -730.1k NOK → -699.8k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADWANS AS.
At a glance
Scorecard
Revenue
284.9k NOK
769.2k NOK
+170.0%
Operating result
n/m
+30.3k NOK
—
Equity
-730.1k NOK
-699.8k NOK
+4.2%
Cash
41.9k NOK
197.3k NOK
+370.7%
Total assets
52.3k NOK
228.0k NOK
+336.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 284.9k NOK to 769.2k NOK (+170.0% YoY). Calculated
-
↑
Equity strengthened
Book equity -730.1k NOK → -699.8k NOK (equity ratio -1396.0% → -306.9%). Calculated
-
↑
Cash rose
Bank deposits 41.9k NOK → 197.3k NOK (+370.7% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 164.1k NOK → 392.2k NOK (58% → 51% of revenue). Calculated