FirmaIQ
Org.nr 913 840 186 2015 → 2016 Year-over-year analysis

ADORA AS: årsregnskap 2016 vs 2015

Shrank 7% on revenue, returned to profit

approved 2017-06-01; registry 2017-08-05; journal 2017 822400

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADORA AS. Revenue 275.9k NOK → 255.8k NOK (-7.3%). Net result -4 197 NOK → +170.4k NOK. Equity 34.6k NOK → 205.0k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
275.9k NOK 255.8k NOK
-7.3%
Operating result
-5 593 NOK +200.5k NOK
+3685.4%
Net result
-4 197 NOK +170.4k NOK
+4160.3%
Equity
34.6k NOK 205.0k NOK
+493.0%
Cash
25.7k NOK 70.1k NOK
+172.5%
Total assets
377.5k NOK 589.7k NOK
+56.2%

What improved

  • ↑

    Operating result improved

    Operating result -5 593 NOK → +200.5k NOK (op. margin -2.0% → 78.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 4 197 NOK to a profit of 170.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 34.6k NOK → 205.0k NOK (equity ratio 9.2% → 34.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 25.7k NOK → 70.1k NOK (+172.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.18m NOK → 177 NOK (427% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 275.9k NOK to 255.8k NOK (-7.3% YoY). Calculated