ADVO-CASA AS: årsregnskap 2016 vs 2015
Shrank 23% on revenue, cash halved-plus
approved 2017-03-06; registry 2017-03-10; journal 2017 225460
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVO-CASA AS. Revenue 636.9k NOK → 489.0k NOK (-23.2%). Equity -252.4k NOK → -449.9k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVO-CASA AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 636.9k NOK to 489.0k NOK (-23.2% YoY). Calculated
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↓
Equity eroded
Book equity -252.4k NOK → -449.9k NOK (equity ratio -8.7% → -17.6%). Calculated
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↓
Cash fell
Bank deposits 386.1k NOK → 32.1k NOK (-91.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -17.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation