ADIANTE AS: årsregnskap 2016 vs 2015
Shrank 94% on revenue, slipped into loss
approved 2017-06-21; registry 2017-06-28; journal 2017 551344
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADIANTE AS. Revenue 337.7k NOK → 21.6k NOK (-93.6%). Net result +323.0k NOK → -632.7k NOK. Equity 6.20m NOK → 5.56m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 378.0k NOK → 296.5k NOK (112% → 1373% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 337.7k NOK to 21.6k NOK (-93.6% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 323.0k NOK profit to a loss of 632.7k NOK. Calculated
-
↓
Equity eroded
Book equity 6.20m NOK → 5.56m NOK (equity ratio 85.3% → 81.5%). Calculated
-
↓
Cash fell
Bank deposits 461.2k NOK → 427.0k NOK (-7.4% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 17.4k NOK → 32.1k NOK (+84.1% YoY). Calculated