Org.nr 916 150 261 2015 → 2016 Year-over-year analysis

ADMIR TRANSPORT AS: årsregnskap 2016 vs 2015

Shrank 85% on revenue, cash halved-plus

approved 2017-05-18; registry 2017-06-08; journal 2017 402933

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADMIR TRANSPORT AS. Revenue 830.1k NOK → 128.2k NOK (-84.6%). Equity 8.28m NOK → 13.35m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADMIR TRANSPORT AS.

At a glance

Revenue

830.1k NOK 128.2k NOK

-84.6%

Equity

8.28m NOK 13.35m NOK

+61.1%

Cash

554.2k NOK 247.5k NOK

-55.3%

Total assets

647.9k NOK 634.4k NOK

-2.1%

↑
Equity strengthened

Book equity 8.28m NOK → 13.35m NOK (equity ratio 1278.4% → 2103.8%). Calculated

↓
Revenue fell

Operating income / revenue moved from 830.1k NOK to 128.2k NOK (-84.6% YoY). Calculated
↓
Cash fell

Bank deposits 554.2k NOK → 247.5k NOK (-55.3% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.77× → 0.42× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated