ADAPA SYSTEMS AS: årsregnskap 2016 vs 2015
Shrank 70% on revenue, stronger earnings
approved 2017-06-25; registry 2017-08-09; journal 2017 858455
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADAPA SYSTEMS AS. Revenue 500 NOK → 150 NOK (-70.0%). Net result -121.1k NOK → -13.8k NOK. Equity -250.6k NOK → -264.4k NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAPA SYSTEMS AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -121.1k NOK → -13.8k NOK (net margin -24226.2% → -9198.0%). Calculated
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↑
Cash rose
Bank deposits 436 NOK → 90.1k NOK (+20574.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 500 NOK to 150 NOK (-70.0% YoY). Calculated
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↓
Equity eroded
Book equity -250.6k NOK → -264.4k NOK (equity ratio -240.8% → -57.7%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 36.7k NOK → 96 NOK (-99.7% YoY). Calculated