ADIANTE AS: årsregnskap 2015 vs 2014
Shrank 79% on revenue, returned to profit
approved 2016-06-13; registry 2016-07-18; journal 2016 691782
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADIANTE AS. Revenue 1.63m NOK → 337.7k NOK (-79.3%). Net result -480.4k NOK → +323.0k NOK. Equity 5.87m NOK → 6.20m NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADIANTE AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 480.4k NOK to a profit of 323.0k NOK. Calculated
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↑
Equity strengthened
Book equity 5.87m NOK → 6.20m NOK (equity ratio 84.3% → 85.3%). Calculated
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↑
Cash rose
Bank deposits 297.1k NOK → 461.2k NOK (+55.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 881.0k NOK → 378.0k NOK (54% → 112% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.63m NOK to 337.7k NOK (-79.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 778.1k NOK → 17.4k NOK (-97.8% YoY). Calculated