Org.nr 989 107 151 2015 → 2016 Year-over-year analysis

ADINE AS: årsregnskap 2016 vs 2015

Grew 14239% on revenue

approved 2017-05-31; registry 2017-06-20; journal 2017 490523

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADINE AS. Revenue 1 883 NOK → 270.0k NOK (+14238.8%). Equity 7.99m NOK → 6.47m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADINE AS.

Scorecard

Revenue
1 883 NOK 270.0k NOK
+14238.8%
Operating result
-13.6k NOK +249.3k NOK
+1928.3%
Equity
7.99m NOK 6.47m NOK
-19.0%
Cash
2.81m NOK 2.58m NOK
-8.2%
Total assets
8.06m NOK 6.88m NOK
-14.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 883 NOK to 270.0k NOK (+14238.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -13.6k NOK → +249.3k NOK (op. margin -724.2% → 92.3%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 7.99m NOK → 6.47m NOK (equity ratio 99.1% → 94.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.81m NOK → 2.58m NOK (-8.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 5.24m NOK → 4.30m NOK. Reported fact