FirmaIQ
Org.nr 995 179 377 2015 → 2016 Year-over-year analysis

ADAL MULTISERVICE AS: årsregnskap 2016 vs 2015

Shrank 49% on revenue, stronger earnings, cash halved-plus

approved 2017-05-02; registry 2017-07-26; journal 2017 770497

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADAL MULTISERVICE AS. Revenue 6.00m NOK → 3.06m NOK (-49.1%). Net result +927.3k NOK → +1.47m NOK. Equity 2.09m NOK → 5.56m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAL MULTISERVICE AS.

At a glance

Scorecard

Revenue
6.00m NOK 3.06m NOK
-49.1%
Operating result
n/m +2.03m NOK
—
Net result
+927.3k NOK +1.47m NOK
+58.8%
Equity
2.09m NOK 5.56m NOK
+166.2%
Cash
30.4k NOK 9 561 NOK
-68.5%
Total assets
5.72m NOK 4.62m NOK
-19.2%

What improved

  • ↑

    Net result improved

    Net result +927.3k NOK → +1.47m NOK (net margin 15.5% → 48.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.09m NOK → 5.56m NOK (equity ratio 36.5% → 120.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.00m NOK to 3.06m NOK (-49.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 30.4k NOK → 9 561 NOK (-68.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 13.9k NOK → 7.27m NOK (0% → 238% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.53m NOK → 201.2k NOK (-92.0% YoY). Calculated