Org.nr 811 673 862 2015 → 2016 Year-over-year analysis

ADELIN AS: årsregnskap 2016 vs 2015

Shrank 13% on revenue

approved 2017-06-30; registry 2017-08-08; journal 2017 832350

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADELIN AS. Revenue 8.13m NOK → 7.04m NOK (-13.4%). Equity 70.7k NOK → 1.16m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADELIN AS.

At a glance

Revenue

8.13m NOK 7.04m NOK

-13.4%

Operating result

+200.7k NOK +90.2k NOK

-55.0%

Equity

70.7k NOK 1.16m NOK

+1541.1%

Cash

709.4k NOK 360.3k NOK

-49.2%

Total assets

2.27m NOK 2.34m NOK

+3.0%

↑
Equity strengthened

Book equity 70.7k NOK → 1.16m NOK (equity ratio 3.1% → 49.6%). Calculated

↓
Revenue fell

Operating income / revenue moved from 8.13m NOK to 7.04m NOK (-13.4% YoY). Calculated
↓
Operating result weakened

Operating result +200.7k NOK → +90.2k NOK (op. margin 2.5% → 1.3%). Calculated
↓
Cash fell

Bank deposits 709.4k NOK → 360.3k NOK (-49.2% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2.23m NOK → 2.24m NOK (27% → 32% of revenue). Calculated