FirmaIQ
Org.nr 957 722 733 2015 → 2016 Year-over-year analysis

ADL PRODUKTER AS: årsregnskap 2016 vs 2015

Shrank 10% on revenue, returned to profit

approved 2017-03-08; registry 2017-04-01; journal 2017 255827

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADL PRODUKTER AS. Revenue 1.83m NOK → 1.64m NOK (-10.1%). Net result -109.6k NOK → +4 109 NOK. Equity 287.5k NOK → 19.7k NOK.

On the constructive side: turned profitable. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADL PRODUKTER AS.

At a glance

Scorecard

Revenue
1.83m NOK 1.64m NOK
-10.1%
Operating result
+106.4k NOK n/m
—
Net result
-109.6k NOK +4 109 NOK
+103.7%
Equity
287.5k NOK 19.7k NOK
-93.2%
Cash
379.2k NOK 192.1k NOK
-49.3%
Total assets
855.4k NOK 626.2k NOK
-26.8%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 109.6k NOK to a profit of 4 109 NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.83m NOK to 1.64m NOK (-10.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 287.5k NOK → 19.7k NOK (equity ratio 33.6% → 3.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 379.2k NOK → 192.1k NOK (-49.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 442.3k NOK → 500.1k NOK (24% → 30% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.04m NOK → 1.03m NOK (-1.3% YoY). Calculated