FirmaIQ
Org.nr 982 713 862 2015 → 2016 Year-over-year analysis

ADRENALIN AS: årsregnskap 2016 vs 2015

Shrank 77% on revenue, cash halved-plus

approved 2017-06-30; registry 2017-07-13; journal 2017 674233

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADRENALIN AS. Revenue 7.15m NOK → 1.62m NOK (-77.4%). Net result +200 NOK → +4 547 NOK. Equity 13.87m NOK → 9.32m NOK.

On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADRENALIN AS.

At a glance

Scorecard

Revenue
7.15m NOK 1.62m NOK
-77.4%
Operating result
+5.28m NOK +13.6k NOK
-99.7%
Net result
+200 NOK +4 547 NOK
+2173.5%
Equity
13.87m NOK 9.32m NOK
-32.8%
Cash
9.37m NOK 2.27m NOK
-75.8%
Total assets
16.18m NOK 9.87m NOK
-39.0%

What improved

  • ↑

    Net result improved

    Net result +200 NOK → +4 547 NOK (net margin 0.0% → 0.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.47m NOK → 4.22m NOK (62% → 261% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.15m NOK to 1.62m NOK (-77.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.28m NOK → +13.6k NOK (op. margin 73.8% → 0.8%). Calculated

  • ↓

    Equity eroded

    Book equity 13.87m NOK → 9.32m NOK (equity ratio 85.7% → 94.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 9.37m NOK → 2.27m NOK (-75.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (9.37m NOK → 2.27m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 936.0k NOK → 948.5k NOK. Reported fact