Org.nr 981 709 063 2015 → 2016 Year-over-year analysis

ADITECH AS: årsregnskap 2016 vs 2015

Shrank 59% on revenue

approved 2017-06-30; registry 2017-07-26; journal 2017 768059

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADITECH AS. Revenue 761.2k NOK → 312.8k NOK (-58.9%). Equity 8.11m NOK → 167.3k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADITECH AS.

At a glance

Revenue

761.2k NOK 312.8k NOK

-58.9%

Equity

8.11m NOK 167.3k NOK

-97.9%

Cash

137.8k NOK 357.0k NOK

+159.1%

Total assets

398.0k NOK 388.8k NOK

-2.3%

↑
Cash rose

Bank deposits 137.8k NOK → 357.0k NOK (+159.1% YoY). Calculated
↑
Payroll decreased

Salary cost 477.3k NOK → 118.1k NOK (63% → 38% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 761.2k NOK to 312.8k NOK (-58.9% YoY). Calculated
↓
Equity eroded

Book equity 8.11m NOK → 167.3k NOK (equity ratio 2037.9% → 43.0%). Calculated