ADVALORE AS: årsregnskap 2017 vs 2016
Returned to profit, cash halved-plus
approved 2018-05-28; registry 2018-06-06; journal 2018 418454
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVALORE AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -16.8k NOK → 0 NOK. Equity 93.9k NOK → 30.0k NOK.
On the constructive side: turned profitable. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
n/m
0 NOK
—
Net result
-16.8k NOK
0 NOK
+100.0%
Equity
93.9k NOK
30.0k NOK
-68.0%
Cash
93.9k NOK
30.0k NOK
-68.0%
Total assets
93.9k NOK
30.0k NOK
-68.0%
What improved
-
↑
Turned profitable
Net result flipped from a loss of 16.8k NOK to a profit of 0 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 93.9k NOK → 30.0k NOK (equity ratio 100.0% → 100.0%). Calculated
-
↓
Cash fell
Bank deposits 93.9k NOK → 30.0k NOK (-68.0% YoY). Calculated