ADRIA WINCH NORWAY AS: årsregnskap 2016 vs 2015
Shrank 44% on revenue
approved 2017-05-23; registry 2017-06-15; journal 2017 458129
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADRIA WINCH NORWAY AS. Revenue 901.8k NOK → 504.4k NOK (-44.1%). Equity 1.94m NOK → 1.38m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
901.8k NOK
504.4k NOK
-44.1%
Equity
1.94m NOK
1.38m NOK
-29.1%
Cash
868.0k NOK
583.8k NOK
-32.7%
Total assets
2.20m NOK
1.59m NOK
-27.7%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 901.8k NOK to 504.4k NOK (-44.1% YoY). Calculated
-
↓
Equity eroded
Book equity 1.94m NOK → 1.38m NOK (equity ratio 88.1% → 86.3%). Calculated
-
↓
Cash fell
Bank deposits 868.0k NOK → 583.8k NOK (-32.7% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 NOK → 2.12m NOK (0% → 420% of revenue). Calculated