FirmaIQ
Org.nr 918 428 852 2017 → 2018 Year-over-year analysis

ADDVANT PARTNER AS: årsregnskap 2018 vs 2017

Stronger earnings, cash halved-plus

approved 2019-06-25; registry 2019-07-06; journal 2019 686513

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADDVANT PARTNER AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -38.7k NOK → -5 522 NOK. Equity -8 682 NOK → -14.2k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADDVANT PARTNER AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-38.7k NOK -1 476 NOK
+96.2%
Net result
-38.7k NOK -5 522 NOK
+85.7%
Equity
-8 682 NOK -14.2k NOK
-63.6%
Cash
6 318 NOK 796 NOK
-87.4%
Total assets
6 318 NOK 796 NOK
-87.4%

What improved

  • ↑

    Operating result improved

    Operating result -38.7k NOK → -1 476 NOK. Calculated

  • ↑

    Net result improved

    Net result -38.7k NOK → -5 522 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -8 682 NOK → -14.2k NOK (equity ratio -137.4% → -1784.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 6 318 NOK → 796 NOK (-87.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1784.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation