ADEPTIO AS: årsregnskap 2015 vs 2014
Shrank 45% on revenue
approved 2016-06-01; registry 2016-09-07; journal 2016 915011
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADEPTIO AS. Revenue 842.8k NOK → 459.8k NOK (-45.4%). Net result +827 NOK → +2 015 NOK. Equity 10.57m NOK → 573.1k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADEPTIO AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +3 543 NOK → +5 575 NOK (op. margin 0.4% → 1.2%). Calculated
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Net result improved
Net result +827 NOK → +2 015 NOK (net margin 0.1% → 0.4%). Calculated
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Cash rose
Bank deposits 517.4k NOK → 749.7k NOK (+44.9% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 842.8k NOK to 459.8k NOK (-45.4% YoY). Calculated
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Equity eroded
Book equity 10.57m NOK → 573.1k NOK (equity ratio 1143.5% → 47918.7%). Calculated
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Current ratio dropped below 1×
Current ratio 2.62× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 577.1k NOK → 724.1k NOK (68% → 157% of revenue). Calculated
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COGS moved
COGS / varekostnad 43.7k NOK → 90.5k NOK (+106.8% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 10.57m NOK → 573.1k NOK — check capital reduction, conversion, or reclassification. Interpretation