Org.nr 898 097 102 2015 → 2016 Year-over-year analysis

ADDBIZ AS: årsregnskap 2016 vs 2015

Another loss-making year

approved 2017-05-25; registry 2017-07-05; journal 2017 614466

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADDBIZ AS. Equity -66.3k NOK → -165.7k NOK.

Pressures included: equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADDBIZ AS.

Scorecard

Operating result
n/m -6 336 NOK
—
Net result
n/m -99.4k NOK
—
Equity
-66.3k NOK -165.7k NOK
-149.9%
Cash
3 929 NOK 3 563 NOK
-9.3%
Total assets
1.75m NOK 1.98m NOK
+13.0%

What deteriorated

  • ↓

    Equity eroded

    Book equity -66.3k NOK → -165.7k NOK (equity ratio -3.8% → -8.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -8.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.71m NOK → 1.92m NOK. Reported fact