ADVANCED IMAGING AS: årsregnskap 2016 vs 2015
Grew 123% on revenue
approved 2017-06-02; registry 2017-06-14; journal 2017 451073
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVANCED IMAGING AS. Revenue 114.3k NOK → 254.8k NOK (+122.8%). Equity 650.2k NOK → 100.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVANCED IMAGING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 114.3k NOK to 254.8k NOK (+122.8% YoY). Calculated
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↑
Cash rose
Bank deposits 313.9k NOK → 408.8k NOK (+30.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 650.2k NOK → 100.4k NOK (equity ratio 47.4% → 4.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.83× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 98.1k NOK → 5.64m NOK (86% → 2214% of revenue). Calculated