ADVENTURE PHOTO AS: årsregnskap 2016 vs 2015
Grew 12% on revenue, cash halved-plus
approved 2017-03-27; registry 2017-03-29; journal 2017 252746
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVENTURE PHOTO AS. Revenue 910.7k NOK → 1.02m NOK (+12.2%). Net result +4 NOK → +4 NOK. Equity 183.8k NOK → 105.4k NOK.
On the constructive side: revenue rose; current ratio back above 1×; payroll decreased. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 910.7k NOK to 1.02m NOK (+12.2% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.41× → 1.28×. Calculated
-
↑
Payroll decreased
Salary cost 262.3k NOK → 176.7k NOK (29% → 17% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 183.8k NOK → 105.4k NOK (equity ratio 57.1% → 44.1%). Calculated
-
↓
Cash fell
Bank deposits 57.1k NOK → 9 864 NOK (-82.7% YoY). Calculated