ADRIAN MEDICAL AS: årsregnskap 2016 vs 2015
Grew 450% on revenue, cash halved-plus
approved 2017-06-28; registry 2017-07-03; journal 2017 599103
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADRIAN MEDICAL AS. Revenue 257.4k NOK → 1.42m NOK (+450.0%). Net result +341.4k NOK → +310.5k NOK. Equity 50.7k NOK → 1.36m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADRIAN MEDICAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 257.4k NOK to 1.42m NOK (+450.0% YoY). Calculated
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↑
Equity strengthened
Book equity 50.7k NOK → 1.36m NOK (equity ratio 0.0% → 287.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +467.7k NOK → +413.9k NOK (op. margin 181.7% → 29.2%). Calculated
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↓
Net result weakened
Net result +341.4k NOK → +310.5k NOK (net margin 132.7% → 21.9%). Calculated
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↓
Cash fell
Bank deposits 877.4k NOK → 14.3k NOK (-98.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 6964.87× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 95.0k NOK → 262.1k NOK (+175.9% YoY). Calculated