FirmaIQ
Org.nr 986 276 475 2015 → 2016 Year-over-year analysis

ADREGA AS: årsregnskap 2016 vs 2015

Shrank 29% on revenue, returned to profit

approved 2017-06-22; registry 2017-07-20; journal 2017 731257

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADREGA AS. Revenue 3.06m NOK → 2.18m NOK (-28.7%). Net result -3.00m NOK → +3 463 NOK. Equity -37.23m NOK → -40.69m NOK.

On the constructive side: turned profitable; cash rose. Pressures included: revenue fell; equity eroded.

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

At a glance

Scorecard

Revenue
3.06m NOK 2.18m NOK
-28.7%
Operating result
n/m +200 NOK
—
Net result
-3.00m NOK +3 463 NOK
+100.1%
Equity
-37.23m NOK -40.69m NOK
-9.3%
Cash
221.9k NOK 297.5k NOK
+34.0%
Total assets
1.27m NOK 689.6k NOK
-45.8%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 3.00m NOK to a profit of 3 463 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 221.9k NOK → 297.5k NOK (+34.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.06m NOK to 2.18m NOK (-28.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -37.23m NOK → -40.69m NOK (equity ratio -2927.5% → -5901.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -5901.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation