ADAPTIC AS: årsregnskap 2015 vs 2014
Shrank 23% on revenue
approved 2016-04-07; registry 2016-04-13; journal 2016 364784
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADAPTIC AS. Revenue 8.39m NOK → 6.46m NOK (-22.9%). Equity 20.31m NOK → 19.09m NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADAPTIC AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 323.0k NOK → 351.2k NOK (+8.7% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.66× → 1.26×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 8.39m NOK to 6.46m NOK (-22.9% YoY). Calculated
-
↓
Operating result weakened
Operating result -5.41m NOK → -6.20m NOK (op. margin -64.5% → -95.9%). Calculated
-
↓
Equity eroded
Book equity 20.31m NOK → 19.09m NOK (equity ratio 78.5% → 48.7%). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 26.14m NOK → 19.09m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 3.14m NOK → 2.81m NOK (-10.5% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 13.6k NOK → 13.60m NOK. Reported fact