Org.nr 912 197 204 2015 → 2016 Year-over-year analysis

ADKEM NORDIC AS: årsregnskap 2016 vs 2015

Grew 21532% on revenue, stronger earnings, fresh owner capital

approved 2017-06-24; registry 2017-07-12; journal 2017 690378

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADKEM NORDIC AS. Revenue 1 623 NOK → 351.1k NOK (+21532.4%). Net result -579.3k NOK → -228.3k NOK. Equity -418.0k NOK → -526.3k NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADKEM NORDIC AS.

Scorecard

Revenue
1 623 NOK 351.1k NOK
+21532.4%
Operating result
-520.0k NOK -161.1k NOK
+69.0%
Net result
-579.3k NOK -228.3k NOK
+60.6%
Equity
-418.0k NOK -526.3k NOK
-25.9%
Cash
n/m 18.0k NOK
—
Total assets
148.8k NOK 284.9k NOK
+91.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 623 NOK to 351.1k NOK (+21532.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -520.0k NOK → -161.1k NOK (op. margin -32041.0% → -45.9%). Calculated

  • ↑

    Net result improved

    Net result -579.3k NOK → -228.3k NOK (net margin -35695.7% → -65.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 562.3k NOK → 682.3k NOK (+120.0k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 3.14m NOK → 17.5k NOK (193702% → 5% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -418.0k NOK → -526.3k NOK (equity ratio -280.9% → -184.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 8 209 NOK → 266.6k NOK (+3147.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 66.4k NOK → 23.3k NOK. Reported fact