Org.nr 996 658 821 2014 → 2015 Year-over-year analysis

ADEPT CONCEPT AS: årsregnskap 2015 vs 2014

Shrank 32% on revenue

approved 2016-06-28; registry 2016-09-03; journal 2016 895443

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADEPT CONCEPT AS. Revenue 8.23m NOK → 5.61m NOK (-31.8%). Equity 1.35m NOK → -747.3k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.

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

At a glance

Revenue

8.23m NOK 5.61m NOK

-31.8%

Operating result

+1.43m NOK n/m

—

Net result

+1.05m NOK n/m

—

Equity

1.35m NOK -747.3k NOK

-155.3%

Cash

3 411 NOK 986.5k NOK

+28822.6%

Total assets

5.66m NOK 5.88m NOK

+3.9%

↓
Revenue fell

Operating income / revenue moved from 8.23m NOK to 5.61m NOK (-31.8% YoY). Calculated
↓
Equity eroded

Book equity 1.35m NOK → -747.3k NOK (equity ratio 23.9% → -12.7%). Calculated

·
Thin equity buffer

Equity ratio is -12.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation