Org.nr 997 547 101 2015 → 2016 Year-over-year analysis

ADDS AS: årsregnskap 2016 vs 2015

Cash halved-plus

approved 2017-05-04; registry 2017-07-08; journal 2017 646276

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADDS AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 33.2k NOK → -151.3k NOK.

Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADDS AS.

At a glance

Revenue

0 NOK 0 NOK

0.0%

Operating result

-14.4k NOK -184.5k NOK

-1178.0%

Equity

33.2k NOK -151.3k NOK

-555.0%

Cash

13.3k NOK 260 NOK

-98.0%

Total assets

182.8k NOK 260 NOK

-99.9%

↓
Operating result weakened

Operating result -14.4k NOK → -184.5k NOK. Calculated
↓
Equity eroded

Book equity 33.2k NOK → -151.3k NOK (equity ratio 18.2% → -58177.3%). Calculated
↓
Cash fell

Bank deposits 13.3k NOK → 260 NOK (-98.0% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.22× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is -58177.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation