ADAPTIVE AS: årsregnskap 2015 vs 2014
Shrank 22% on revenue, slipped into loss
approved 2016-06-14; registry 2016-06-25; journal 2016 564541
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADAPTIVE AS. Revenue 8.73m NOK → 6.80m NOK (-22.1%). Net result +681.0k NOK → -211.9k NOK. Equity 3.54m NOK → 3.33m NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADAPTIVE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 2.94m NOK → 3.36m NOK (+14.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 5.93m NOK → 5.44m NOK (68% → 80% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.73m NOK to 6.80m NOK (-22.1% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 681.0k NOK profit to a loss of 211.9k NOK. Calculated
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↓
Equity eroded
Book equity 3.54m NOK → 3.33m NOK (equity ratio 70.0% → 70.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 700.7k NOK → 477.6k NOK (-31.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 42.5k NOK → 15.0k NOK. Reported fact