ADVANCE EIENDOM AS: årsregnskap 2016 vs 2015
Shrank 96% on revenue, cash halved-plus
approved 2017-04-18; registry 2017-06-14; journal 2017 448470
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVANCE EIENDOM AS. Revenue 975.5k NOK → 42.0k NOK (-95.7%). Equity -713.9k NOK → -659.7k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVANCE EIENDOM AS.
At a glance
Scorecard
Revenue
975.5k NOK
42.0k NOK
-95.7%
Equity
-713.9k NOK
-659.7k NOK
+7.6%
Cash
573.0k NOK
238.5k NOK
-58.4%
Total assets
7.77m NOK
7.43m NOK
-4.3%
What improved
-
↑
Equity strengthened
Book equity -713.9k NOK → -659.7k NOK (equity ratio -9.2% → -8.9%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 975.5k NOK to 42.0k NOK (-95.7% YoY). Calculated
-
↓
Cash fell
Bank deposits 573.0k NOK → 238.5k NOK (-58.4% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 28.6k NOK → 1 050 NOK (-96.3% YoY). Calculated