ADFUNC AS: årsregnskap 2016 vs 2015
Shrank 100% on revenue, slipped into loss
approved 2017-05-31; registry 2017-08-01; journal 2017 802082
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADFUNC AS. Revenue 54.0k NOK → 0 NOK (-100.0%). Net result +196.8k NOK → -284.5k NOK. Equity 2.52m NOK → 1.02m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADFUNC AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 297.8k NOK → 426.5k NOK (+43.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 54.0k NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +88.5k NOK → -151.8k NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 196.8k NOK profit to a loss of 284.5k NOK. Calculated
-
↓
Equity eroded
Book equity 2.52m NOK → 1.02m NOK (equity ratio 69.8% → 45.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.42× → 0.53× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 47.4k NOK → 2 019 NOK (-95.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 3.19m NOK → 6.50m NOK. Reported fact