Org.nr 910 681 761 2015 → 2016 Year-over-year analysis

ADOLPH BERGSVEI 58 AS: årsregnskap 2016 vs 2015

Shrank 15% on revenue, cash halved-plus

approved 2017-04-04; registry 2017-06-14; journal 2017 441763

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADOLPH BERGSVEI 58 AS. Revenue 1.16m NOK → 993.3k NOK (-14.6%). Equity 2.06m NOK → 1.92m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADOLPH BERGSVEI 58 AS.

At a glance

Revenue

1.16m NOK 993.3k NOK

-14.6%

Operating result

n/m +504.5k NOK

—

Equity

2.06m NOK 1.92m NOK

-6.6%

Cash

431.6k NOK 85.0k NOK

-80.3%

Total assets

25.18m NOK 24.93m NOK

-1.0%

↓
Revenue fell

Operating income / revenue moved from 1.16m NOK to 993.3k NOK (-14.6% YoY). Calculated
↓
Equity eroded

Book equity 2.06m NOK → 1.92m NOK (equity ratio 8.2% → 7.7%). Calculated
↓
Cash fell

Bank deposits 431.6k NOK → 85.0k NOK (-80.3% YoY). Calculated
↓
COGS moved

COGS / varekostnad 34.3k NOK → 39.4k NOK (+14.8% YoY). Calculated

·
Thin equity buffer

Equity ratio is 7.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation