Org.nr 916 174 195 2015 → 2016 Year-over-year analysis

ADOLFSEN SERVICE AS: årsregnskap 2016 vs 2015

Grew 174% on revenue

approved 2017-04-06; registry 2017-04-10; journal 2017 271927

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADOLFSEN SERVICE AS. Revenue 313.0k NOK → 859.1k NOK (+174.5%). Equity 39.8k NOK → 6.51m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

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

Scorecard

Revenue
313.0k NOK 859.1k NOK
+174.5%
Net result
+9 NOK n/m
—
Equity
39.8k NOK 6.51m NOK
+16259.3%
Cash
156.8k NOK 412.0k NOK
+162.7%
Total assets
392.5k NOK 893.0k NOK
+127.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 313.0k NOK to 859.1k NOK (+174.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 39.8k NOK → 6.51m NOK (equity ratio 10.1% → 729.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 156.8k NOK → 412.0k NOK (+162.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.62× → 1.46×. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 272.0k NOK → 216.7k NOK (-20.3% YoY). Calculated