ADRIAN MEDICAL AS: årsregnskap 2014 vs 2013
Shrank 55% on revenue, weaker earnings
approved 2015-06-25; registry 2015-09-12; journal 2015 827222
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADRIAN MEDICAL AS. Revenue 709.2k NOK → 319.0k NOK (-55.0%). Net result +461.0k NOK → +225.6k NOK. Equity 483.7k NOK → 709.2k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 483.7k NOK → 709.2k NOK (equity ratio 68.9% → 76263.2%). Calculated
-
↑
Cash rose
Bank deposits 231.7k NOK → 460.1k NOK (+98.6% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 709.2k NOK to 319.0k NOK (-55.0% YoY). Calculated
-
↓
Net result weakened
Net result +461.0k NOK → +225.6k NOK (net margin 65.0% → 70.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.62× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated