FirmaIQ
Org.nr 914 059 011 2015 → 2016 Year-over-year analysis

ADV FINANCE AS: årsregnskap 2016 vs 2015

Grew 235463% on revenue

approved 2017-04-20; registry 2017-04-25; journal 2017 294482

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADV FINANCE AS. Revenue 1 952 NOK → 4.60m NOK (+235462.6%). Net result +63.9k NOK → +60.3k NOK. Equity 171.6k NOK → 231.9k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADV FINANCE AS.

At a glance

Scorecard

Revenue
1 952 NOK 4.60m NOK
+235462.6%
Operating result
+88.1k NOK +115.2k NOK
+30.7%
Net result
+63.9k NOK +60.3k NOK
-5.6%
Equity
171.6k NOK 231.9k NOK
+35.1%
Cash
207.1k NOK 474.3k NOK
+129.0%
Total assets
649.8k NOK 260.6k NOK
-59.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 952 NOK to 4.60m NOK (+235462.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +88.1k NOK → +115.2k NOK (op. margin 4515.5% → 2.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 171.6k NOK → 231.9k NOK (equity ratio 26.4% → 89.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 207.1k NOK → 474.3k NOK (+129.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 336.4k NOK → 0 NOK (17231% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +63.9k NOK → +60.3k NOK (net margin 3272.0% → 1.3%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 528.4k NOK → 2.59m NOK (+391.0% YoY). Calculated