ADACC INTERNATIONAL AS: årsregnskap 2016 vs 2015
Grew 27% on revenue, cash halved-plus, fresh owner capital
approved 2017-04-07; registry 2017-06-20; journal 2017 482232
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADACC INTERNATIONAL AS. Revenue 1.31m NOK → 1.66m NOK (+26.7%). Equity 670.5k NOK → 241.1k NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADACC INTERNATIONAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.31m NOK to 1.66m NOK (+26.7% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 150 NOK → 150.0k NOK (+149.8k NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 670.5k NOK → 241.1k NOK (equity ratio 20.3% → 7.1%). Calculated
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↓
Cash fell
Bank deposits 264.6k NOK → 28.9k NOK (-89.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 215 NOK → 215.0k NOK. Reported fact