ADATO AS: årsregnskap 2016 vs 2015
Grew 13% on revenue
approved 2017-05-25; registry 2017-06-08; journal 2017 402781
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADATO AS. Revenue 1.61m NOK → 1.81m NOK (+12.9%). Equity 118.5k NOK → -22.4k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADATO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.61m NOK to 1.81m NOK (+12.9% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 118.5k NOK → -22.4k NOK (equity ratio 24.7% → -6.2%). Calculated
-
↓
Cash fell
Bank deposits 451.8k NOK → 295.7k NOK (-34.6% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.32× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -6.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation