ADIK AS: årsregnskap 2015 vs 2014
Grew 193608% on revenue, returned to profit
approved 2017-06-29; registry 2017-07-05; journal 2017 601317
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADIK AS. Revenue 838 NOK → 1.62m NOK (+193607.6%). Net result -12.6k NOK → +1.00m NOK. Equity 1.08m NOK → 2.08m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADIK AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 838 NOK to 1.62m NOK (+193607.6% YoY). Calculated
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↑
Operating result improved
Operating result -13.6k NOK → +1.44m NOK (op. margin -1625.1% → 88.6%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 12.6k NOK to a profit of 1.00m NOK. Calculated
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↑
Equity strengthened
Book equity 1.08m NOK → 2.08m NOK (equity ratio 716.4% → 8.7%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 150.1k NOK → 144.9k NOK (-3.5% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 8.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation