ADITE AS: årsregnskap 2015 vs 2014
Mixed movements in the accounts
approved 2016-06-20; registry 2016-08-08; journal 2016 809509
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADITE AS. Revenue 0 NOK → 1.76m NOK. Equity 81.8k NOK → -611.2k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADITE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1.76m NOK. Calculated
-
↑
Cash rose
Bank deposits 83.4k NOK → 123.0k NOK (+47.5% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 81.8k NOK → -611.2k NOK (equity ratio 78.3% → -157.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 4.62× → 0.39× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -157.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation