ADOKS AS: årsregnskap 2016 vs 2015
Stronger earnings, cash halved-plus
approved 2017-03-20; registry 2017-03-25; journal 2017 246128
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADOKS AS. Net result -3.33m NOK → -52.5k NOK. Equity -2.72m NOK → -2.77m NOK.
On the constructive side: net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; sharp cash drawdown. All figures are taken from the published annual accounts for ADOKS AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -3.33m NOK → -52.5k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -2.72m NOK → -2.77m NOK (equity ratio -42.7% → -60.2%). Calculated
-
↓
Cash fell
Bank deposits 1.50m NOK → 115.8k NOK (-92.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -60.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.50m NOK → 115.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation