Org.nr 989 109 812 2015 → 2016 Year-over-year analysis

ADRIAN & CO AS: årsregnskap 2016 vs 2015

Shrank 61% on revenue

approved 2017-06-30; registry 2017-07-20; journal 2017 730769

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADRIAN & CO AS. Revenue 571.9k NOK → 224.5k NOK (-60.8%). Equity 63.81m NOK → 79.44m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADRIAN & CO AS.

At a glance

Revenue

571.9k NOK 224.5k NOK

-60.8%

Operating result

-284.9k NOK -716.8k NOK

-151.6%

Net result

n/m +15.63m NOK

—

Equity

63.81m NOK 79.44m NOK

+24.5%

Cash

n/m 20.00m NOK

—

Total assets

66.18m NOK 79.78m NOK

+20.6%

↑
Equity strengthened

Book equity 63.81m NOK → 79.44m NOK (equity ratio 96.4% → 99.6%). Calculated

↓
Revenue fell

Operating income / revenue moved from 571.9k NOK to 224.5k NOK (-60.8% YoY). Calculated
↓
Operating result weakened

Operating result -284.9k NOK → -716.8k NOK (op. margin -49.8% → -319.4%). Calculated
↓
Payroll up without matching revenue

Salary cost 356.2k NOK → 373.4k NOK (62% → 166% of revenue). Calculated

·
Book investments changed

Investment / intangible book value 625.7k NOK → 744.5k NOK. Reported fact