ADEAL AS: årsregnskap 2017 vs 2016
Mixed movements in the accounts
approved 2018-04-20; registry 2018-07-09; journal 2018 652070
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADEAL AS. Equity 534.2k NOK → 220.0k NOK.
Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ADEAL AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result +3.00m NOK → +2.82m NOK. Calculated
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↓
Equity eroded
Book equity 534.2k NOK → 220.0k NOK (equity ratio 15.0% → 6.6%). Calculated
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↓
Cash fell
Bank deposits 181.7k NOK → 157.8k NOK (-13.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.06× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 534.2k NOK → 220.0k NOK — check capital reduction, conversion, or reclassification. Interpretation