ADAMS BYGGESERVICE AS: årsregnskap 2016 vs 2015
Shrank 86% on revenue, cash halved-plus
approved 2017-03-23; registry 2017-04-25; journal 2017 292988
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADAMS BYGGESERVICE AS. Revenue 673.9k NOK → 95.3k NOK (-85.9%). Equity -13.4k NOK → -177.7k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADAMS BYGGESERVICE AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 673.9k NOK to 95.3k NOK (-85.9% YoY). Calculated
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↓
Operating result weakened
Operating result -45.6k NOK → -163.7k NOK (op. margin -6.8% → -171.8%). Calculated
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↓
Equity eroded
Book equity -13.4k NOK → -177.7k NOK (equity ratio -17.8% → -2712.5%). Calculated
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↓
Cash fell
Bank deposits 75.4k NOK → 6 553 NOK (-91.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2712.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 309.4k NOK → 16.9k NOK (-94.5% YoY). Calculated