ADRASTEIA HOLDING AS: årsregnskap 2015 vs 2014
Grew 18721% on revenue, slipped into loss, cash halved-plus
approved 2016-10-17; registry 2016-10-20; journal 2016 962995
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADRASTEIA HOLDING AS. Revenue 111 NOK → 20.9k NOK (+18720.7%). Net result +1.51m NOK → -2.01m NOK. Equity 19.43m NOK → 17.42m NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADRASTEIA HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 111 NOK to 20.9k NOK (+18720.7% YoY). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 1.51m NOK profit to a loss of 2.01m NOK. Calculated
-
↓
Equity eroded
Book equity 19.43m NOK → 17.42m NOK (equity ratio 98.2% → 60.2%). Calculated
-
↓
Cash fell
Bank deposits 995.4k NOK → 84.5k NOK (-91.5% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 52.70× → 0.43× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 20.0k NOK → 45.6k NOK (18018% → 218% of revenue). Calculated
-
·
Book investments changed
Investment / intangible book value 9.23m NOK → 8 411 NOK. Reported fact