FirmaIQ
Org.nr 980 817 970 2015 → 2016 Year-over-year analysis

ADDISCO AS: årsregnskap 2016 vs 2015

Shrank 10% on revenue, slipped into loss

approved 2017-05-22; registry 2017-06-08; journal 2017 406223

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADDISCO AS. Revenue 20.49m NOK → 18.52m NOK (-9.7%). Net result +427.7k NOK → -238.9k NOK. Equity 14.82m NOK → 14.58m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADDISCO AS.

At a glance

Scorecard

Revenue
20.49m NOK 18.52m NOK
-9.7%
Operating result
+528.0k NOK -371.7k NOK
-170.4%
Net result
+427.7k NOK -238.9k NOK
-155.9%
Equity
14.82m NOK 14.58m NOK
-1.6%
Cash
15.43m NOK 14.89m NOK
-3.5%
Total assets
16.25m NOK 15.48m NOK
-4.7%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.28m NOK → 2.14m NOK (11% → 12% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 20.49m NOK to 18.52m NOK (-9.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +528.0k NOK → -371.7k NOK (op. margin 2.6% → -2.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 427.7k NOK profit to a loss of 238.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 14.82m NOK → 14.58m NOK (equity ratio 91.2% → 94.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 15.43m NOK → 14.89m NOK (-3.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 15.33m NOK → 14.45m NOK (-5.7% YoY). Calculated