Org.nr 918 452 532 2017 → 2018 Year-over-year analysis

ADV CAPITAL AS: årsregnskap 2018 vs 2017

Stronger earnings

approved 2019-03-20; registry 2019-05-07; journal 2019 310610

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADV CAPITAL AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +347 NOK → +13.3k NOK. Equity 501.8k NOK → 238.6k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded; payroll up without matching revenue.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADV CAPITAL AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+198.6k NOK +13.46m NOK
+6678.7%
Net result
+347 NOK +13.3k NOK
+3728.0%
Equity
501.8k NOK 238.6k NOK
-52.5%
Cash
188.0k NOK 239.1k NOK
+27.2%
Total assets
503.0k NOK 239.1k NOK
-52.5%

What improved

  • ↑

    Operating result improved

    Operating result +198.6k NOK → +13.46m NOK. Calculated

  • ↑

    Net result improved

    Net result +347 NOK → +13.3k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 188.0k NOK → 239.1k NOK (+27.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 501.8k NOK → 238.6k NOK (equity ratio 99.8% → 99.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 6 198 NOK → 13.5k NOK. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 494.4k NOK → 250.0k NOK — check capital reduction, conversion, or reclassification. Interpretation