Org.nr 979 710 070 2015 → 2016 Year-over-year analysis

ADVENTURE AS: årsregnskap 2016 vs 2015

Stronger earnings, cash halved-plus

approved 2017-03-27; registry 2017-06-28; journal 2017 551396

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVENTURE AS. Net result -1.42m NOK → -422.2k NOK. Equity 6.12m NOK → 5.19m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

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

At a glance

Operating result

-1.56m NOK -598.3k NOK

+61.7%

Net result

-1.42m NOK -422.2k NOK

+70.2%

Equity

6.12m NOK 5.19m NOK

-15.1%

Cash

251.7k NOK 89.7k NOK

-64.4%

Total assets

6.30m NOK 5.90m NOK

-6.4%

↑
Operating result improved

Operating result -1.56m NOK → -598.3k NOK. Calculated
↑
Net result improved

Net result -1.42m NOK → -422.2k NOK. Calculated

↓
Equity eroded

Book equity 6.12m NOK → 5.19m NOK (equity ratio 97.1% → 88.1%). Calculated
↓
Cash fell

Bank deposits 251.7k NOK → 89.7k NOK (-64.4% YoY). Calculated

·
Book investments changed

Investment / intangible book value 1.13m NOK → 1.68m NOK. Reported fact