ADREM AS: årsregnskap 2015 vs 2014
Stronger earnings, cash halved-plus
approved 2016-08-16; registry 2016-09-10; journal 2016 926287
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADREM AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +62 NOK → +44.7k NOK. Equity 30.0k NOK → -14.6k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADREM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result 0 NOK → +44.7k NOK. Calculated
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↑
Net result improved
Net result +62 NOK → +44.7k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 30.0k NOK → -14.6k NOK (equity ratio 100.0% → -194.4%). Calculated
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↓
Cash fell
Bank deposits 30.0k NOK → 29 NOK (-99.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -194.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation