ADAPTIO AS: årsregnskap 2017 vs 2016
Cash halved-plus
approved 2018-05-09; registry 2018-05-31; journal 2018 381884
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADAPTIO AS. Revenue 0 NOK → 7 730 NOK. Net result +5 NOK → +7 741 NOK. Equity -223 NOK → -7 964 NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADAPTIO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 7 730 NOK. Calculated
-
↑
Net result improved
Net result +5 NOK → +7 741 NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity -223 NOK → -7 964 NOK (equity ratio -2.1% → -5813.1%). Calculated
-
↓
Cash fell
Bank deposits 9 719 NOK → 137 NOK (-98.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -5813.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation