ADT NORWAY AS: årsregnskap 2016 vs 2015
Shrank 14% on revenue, slipped into loss
approved 2017-04-20; registry 2017-06-17; journal 2017 471991
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADT NORWAY AS. Revenue 989.3k NOK → 854.5k NOK (-13.6%). Net result +22.3k NOK → -78.2k NOK. Equity 248.0k NOK → 169.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 731.2k NOK → 679.8k NOK (74% → 80% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 989.3k NOK to 854.5k NOK (-13.6% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 22.3k NOK profit to a loss of 78.2k NOK. Calculated
-
↓
Equity eroded
Book equity 248.0k NOK → 169.9k NOK (equity ratio 68.4% → 42.1%). Calculated
-
↓
Cash fell
Bank deposits 361.7k NOK → 283.0k NOK (-21.8% YoY). Calculated