AD2R HOLDING AS: årsregnskap 2016 vs 2015
Grew 6% on revenue, stronger earnings
approved 2017-06-06; registry 2017-07-17; journal 2017 701842
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AD2R HOLDING AS. Revenue 8.05m NOK → 8.54m NOK (+6.0%). Net result +665.2k NOK → +987.9k NOK. Equity 1.23m NOK → 1.22m NOK.
On the constructive side: revenue rose; net result improved; current ratio back above 1×. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AD2R HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.05m NOK to 8.54m NOK (+6.0% YoY). Calculated
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↑
Net result improved
Net result +665.2k NOK → +987.9k NOK (net margin 8.3% → 11.6%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.95× → 1.26×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.23m NOK → 1.22m NOK (equity ratio 19.8% → 31.0%). Calculated
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↓
Cash fell
Bank deposits 349.2k NOK → 329.2k NOK (-5.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.58m NOK → 2.92m NOK (32% → 34% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.07m NOK → 3.30m NOK (+7.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.58m NOK → 652.5k NOK. Reported fact