ADEKO AS: årsregnskap 2016 vs 2015
Grew 39% on revenue
approved 2017-11-28; registry 2017-12-14; journal 2017 896964
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADEKO AS. Revenue 8.03m NOK → 11.14m NOK (+38.7%). Equity 756.1k NOK → 1 187 NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADEKO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 8.03m NOK to 11.14m NOK (+38.7% YoY). Calculated
-
↑
Payroll decreased
Salary cost 270.7k NOK → 1 NOK (3% → 0% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 756.1k NOK → 1 187 NOK (equity ratio 186.9% → 0.1%). Calculated
-
↓
Cash fell
Bank deposits 189.1k NOK → 186.6k NOK (-1.3% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 6.79m NOK → 10.01m NOK (+47.5% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 300.0k NOK → 15.0k NOK. Reported fact