Org.nr 915 512 984 2015 → 2016 Year-over-year analysis

ADAPTIVE FROG AS: årsregnskap 2016 vs 2015

Grew 284% on revenue

approved 2017-06-30; registry 2017-07-25; journal 2017 765240

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADAPTIVE FROG AS. Revenue 368.6k NOK → 1.42m NOK (+284.3%). Equity 65.3k NOK → 303.2k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADAPTIVE FROG AS.

At a glance

Revenue

368.6k NOK 1.42m NOK

+284.3%

Operating result

0 NOK +408.5k NOK

—

Net result

n/m +237.8k NOK

—

Equity

65.3k NOK 303.2k NOK

+364.1%

Cash

235.3k NOK 366.1k NOK

+55.6%

Total assets

402.1k NOK 694.1k NOK

+72.6%

↑
Revenue rose

Operating income / revenue moved from 368.6k NOK to 1.42m NOK (+284.3% YoY). Calculated
↑
Operating result improved

Operating result 0 NOK → +408.5k NOK (op. margin 0.0% → 28.8%). Calculated
↑
Equity strengthened

Book equity 65.3k NOK → 303.2k NOK (equity ratio 16.2% → 43.7%). Calculated
↑
Cash rose

Bank deposits 235.3k NOK → 366.1k NOK (+55.6% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.70× → 1.76×. Calculated

·
Payroll increased

Salary cost 88.6k NOK → 3.97m NOK (24% → 280% of revenue). Calculated