ADFORM NORWAY AS: årsregnskap 2016 vs 2015
Shrank 90% on revenue
approved 2017-06-30; registry 2017-07-11; journal 2017 654289
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADFORM NORWAY AS. Revenue 9.94m NOK → 981.7k NOK (-90.1%). Net result +342.9k NOK → +348.9k NOK. Equity 932.8k NOK → 938.8k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
9.94m NOK
981.7k NOK
-90.1%
Operating result
n/m
+602.7k NOK
—
Net result
+342.9k NOK
+348.9k NOK
+1.8%
Equity
932.8k NOK
938.8k NOK
+0.6%
Cash
480.7k NOK
641.8k NOK
+33.5%
Total assets
2.58m NOK
2.77m NOK
+7.3%
What improved
-
↑
Equity strengthened
Book equity 932.8k NOK → 938.8k NOK (equity ratio 36.2% → 33.9%). Calculated
-
↑
Cash rose
Bank deposits 480.7k NOK → 641.8k NOK (+33.5% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 9.94m NOK to 981.7k NOK (-90.1% YoY). Calculated