ADEA HJEMMEHJELP AS: årsregnskap 2016 vs 2015
Weaker earnings
approved 2017-06-14; registry 2017-08-02; journal 2017 816686
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADEA HJEMMEHJELP AS. Revenue 3.41m NOK → 3.53m NOK (+3.6%). Net result +228.1k NOK → +59.9k NOK. Equity 42.6k NOK → 42.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADEA HJEMMEHJELP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.41m NOK to 3.53m NOK (+3.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +319.0k NOK → +88.8k NOK (op. margin 9.4% → 2.5%). Calculated
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↓
Net result weakened
Net result +228.1k NOK → +59.9k NOK (net margin 6.7% → 1.7%). Calculated
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↓
Cash fell
Bank deposits 402.0k NOK → 279.6k NOK (-30.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.90m NOK → 3.19m NOK (85% → 90% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 127.2k NOK → 221.8k NOK. Reported fact