ADEKVAT REGNSKAP & RÅDGIVNING AS: årsregnskap 2016 vs 2015
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2017-06-19; registry 2017-06-22; journal 2017 515158
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADEKVAT REGNSKAP & RÅDGIVNING AS. Revenue 2.38m NOK → 9 500 NOK (-99.6%). Net result +102.7k NOK → +9 023 NOK. Equity 239.7k NOK → 11.25m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADEKVAT REGNSKAP & RÅDGIVNING AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 239.7k NOK → 11.25m NOK (equity ratio 6.0% → 797.2%). Calculated
-
↑
Payroll decreased
Salary cost 660.2k NOK → 3 NOK (28% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.38m NOK to 9 500 NOK (-99.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +443.1k NOK → -43.3k NOK (op. margin 18.6% → -455.6%). Calculated
-
↓
Net result weakened
Net result +102.7k NOK → +9 023 NOK (net margin 4.3% → 95.0%). Calculated
-
↓
Cash fell
Bank deposits 3.40m NOK → 827.3k NOK (-75.6% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 7.00× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.40m NOK → 827.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 4.42m NOK → 400.0k NOK. Reported fact