Org.nr 914 120 691 2015 → 2016 Year-over-year analysis

ADENAU AS: årsregnskap 2016 vs 2015

Shrank 46% on revenue

approved 2017-05-26; registry 2017-06-10; journal 2017 418281

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADENAU AS. Revenue 407.1k NOK → 221.8k NOK (-45.5%). Equity 43.4k NOK → 84.6k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADENAU AS.

At a glance

Revenue

407.1k NOK 221.8k NOK

-45.5%

Operating result

+30.8k NOK n/m

—

Equity

43.4k NOK 84.6k NOK

+94.7%

Cash

49.6k NOK 637.5k NOK

+1186.1%

Total assets

49.8k NOK 1.63m NOK

+3175.3%

↑
Equity strengthened

Book equity 43.4k NOK → 84.6k NOK (equity ratio 87.2% → 5.2%). Calculated
↑
Cash rose

Bank deposits 49.6k NOK → 637.5k NOK (+1186.1% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 407.1k NOK to 221.8k NOK (-45.5% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 34.2k NOK → 2.13m NOK (8% → 962% of revenue). Calculated
↓
COGS moved

COGS / varekostnad 315 NOK → 932.9k NOK (+296065.4% YoY). Calculated

·
Thin equity buffer

Equity ratio is 5.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation