Org.nr 982 529 204 2015 → 2016 Year-over-year analysis

ADARIS AS: årsregnskap 2016 vs 2015

Stronger earnings, cash halved-plus

approved 2017-05-15; registry 2017-07-03; journal 2017 574387

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADARIS AS. Net result +2 211 NOK → +531.0k NOK. Equity 29.66m NOK → 28.99m NOK.

On the constructive side: net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADARIS AS.

At a glance

Operating result

n/m -37 NOK

—

Net result

+2 211 NOK +531.0k NOK

+23917.3%

Equity

29.66m NOK 28.99m NOK

-2.3%

Cash

8.63m NOK 2.81m NOK

-67.5%

Total assets

30.96m NOK 30.19m NOK

-2.5%

↓
Equity eroded

Book equity 29.66m NOK → 28.99m NOK (equity ratio 95.8% → 96.0%). Calculated
↓
Cash fell

Bank deposits 8.63m NOK → 2.81m NOK (-67.5% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (8.63m NOK → 2.81m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 19.44m NOK → 24.36m NOK. Reported fact