Org.nr 989 188 151 2015 → 2016 Year-over-year analysis

ADEL HOLDING AS: årsregnskap 2016 vs 2015

A steady year on the published lines

approved 2017-05-19; registry 2017-06-08; journal 2017 402785

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADEL HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 975.1k NOK → 1 126 NOK.

On the constructive side: operating result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADEL HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+2 015 NOK +2 016 NOK
+0.0%
Net result
n/m +491.2k NOK
—
Equity
975.1k NOK 1 126 NOK
-99.9%
Cash
5 756 NOK 16.7k NOK
+190.0%
Total assets
1.46m NOK 1.73m NOK
+18.2%

What improved

  • ↑

    Operating result improved

    Operating result +2 015 NOK → +2 016 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 5 756 NOK → 16.7k NOK (+190.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 975.1k NOK → 1 126 NOK (equity ratio 66.8% → 0.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.45m NOK → 1.46m NOK. Reported fact