ADAPA SYSTEMS AS: årsregnskap 2014 vs 2013
Grew 67% on revenue
approved 2015-08-31; registry 2015-10-06; journal 2015 913290
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADAPA SYSTEMS AS. Revenue 30.0k NOK → 50.0k NOK (+66.7%). Equity -1 151 NOK → -129.5k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADAPA SYSTEMS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 30.0k NOK to 50.0k NOK (+66.7% YoY). Calculated
-
↑
Cash rose
Bank deposits 349 NOK → 50.6k NOK (+14410.9% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -1 151 NOK → -129.5k NOK (equity ratio -329.8% → -253864.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -253864.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation