ADAPTIC AS: årsregnskap 2016 vs 2015
Grew 160% on revenue
approved 2017-05-12; registry 2017-07-26; journal 2017 771735
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADAPTIC AS. Revenue 6.46m NOK → 16.83m NOK (+160.4%). Equity 19.09m NOK → 18.26m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADAPTIC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.46m NOK to 16.83m NOK (+160.4% YoY). Calculated
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↑
Operating result improved
Operating result -6.20m NOK → -1.42m NOK (op. margin -95.9% → -8.5%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 19.09m NOK → 18.26m NOK (equity ratio 48.7% → 27.5%). Calculated
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↓
Cash fell
Bank deposits 351.2k NOK → 318.8k NOK (-9.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.26× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 2.81m NOK → 6.30m NOK (+124.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 13.60m NOK → 19.57m NOK. Reported fact