Org.nr 984 560 583 2015 → 2016 Year-over-year analysis

ADIFICO ØKONOMI AS: årsregnskap 2016 vs 2015

Shrank 73% on revenue

approved 2017-03-03; registry 2017-05-20; journal 2017 334003

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADIFICO ØKONOMI AS. Revenue 1.49m NOK → 409.2k NOK (-72.5%). Equity 9.21m NOK → 30.0k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADIFICO ØKONOMI AS.

At a glance

Revenue

1.49m NOK 409.2k NOK

-72.5%

Equity

9.21m NOK 30.0k NOK

-99.7%

Cash

659.6k NOK 559.0k NOK

-15.2%

Total assets

755.2k NOK 636.4k NOK

-15.7%

↓
Revenue fell

Operating income / revenue moved from 1.49m NOK to 409.2k NOK (-72.5% YoY). Calculated
↓
Equity eroded

Book equity 9.21m NOK → 30.0k NOK (equity ratio 1219.9% → 4.7%). Calculated
↓
Cash fell

Bank deposits 659.6k NOK → 559.0k NOK (-15.2% YoY). Calculated
↓
COGS moved

COGS / varekostnad 82.7k NOK → 93.4k NOK (+12.9% YoY). Calculated

·
Thin equity buffer

Equity ratio is 4.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation