Org.nr 913 692 322 2015 → 2016 Year-over-year analysis

ADEL INVEST AS: årsregnskap 2016 vs 2015

Cash halved-plus

approved 2017-05-27; registry 2017-07-18; journal 2017 702338

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADEL INVEST AS. Equity 4.45m NOK → 4.35m NOK.

On the constructive side: current ratio back above 1×. Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADEL INVEST AS.

At a glance

Equity

4.45m NOK 4.35m NOK

-2.4%

Cash

3.61m NOK 535.2k NOK

-85.2%

Total assets

452.8k NOK 4.37m NOK

+864.5%

↓
Equity eroded

Book equity 4.45m NOK → 4.35m NOK (equity ratio 983.4% → 99.5%). Calculated
↓
Cash fell

Bank deposits 3.61m NOK → 535.2k NOK (-85.2% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (3.61m NOK → 535.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 3 805 NOK → 3.81m NOK. Reported fact