ADRETT AS: årsregnskap 2016 vs 2015
Grew 21% on revenue, stronger earnings
approved 2017-04-26; registry 2017-05-10; journal 2017 313106
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADRETT AS. Revenue 5.26m NOK → 6.37m NOK (+21.2%). Net result +625.7k NOK → +872.7k NOK. Equity 655.4k NOK → 653.1k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADRETT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.26m NOK to 6.37m NOK (+21.2% YoY). Calculated
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↑
Net result improved
Net result +625.7k NOK → +872.7k NOK (net margin 11.9% → 13.7%). Calculated
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↑
Cash rose
Bank deposits 1.59m NOK → 1.61m NOK (+1.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +889.3k NOK → +181.1k NOK (op. margin 16.9% → 2.8%). Calculated
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↓
Equity eroded
Book equity 655.4k NOK → 653.1k NOK (equity ratio 29.7% → 24.1%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.54m NOK → 2.09m NOK (+35.3% YoY). Calculated