ADVANCE INVEST & CONSULTING AS: årsregnskap 2018 vs 2017
Slipped into loss, cash halved-plus
approved 2019-06-16; registry 2019-07-15; journal 2019 716843
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVANCE INVEST & CONSULTING AS. Net result +87.7k NOK → -132.2k NOK. Equity 3.60m NOK → 3.47m NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
n/m
0 NOK
—
Operating result
-8 478 NOK
-8 218 NOK
+3.1%
Net result
+87.7k NOK
-132.2k NOK
-250.7%
Equity
3.60m NOK
3.47m NOK
-3.7%
Cash
1.80m NOK
756.4k NOK
-58.0%
Total assets
3.60m NOK
3.47m NOK
-3.7%
What improved
-
↑
Operating result improved
Operating result -8 478 NOK → -8 218 NOK. Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 87.7k NOK profit to a loss of 132.2k NOK. Calculated
-
↓
Equity eroded
Book equity 3.60m NOK → 3.47m NOK (equity ratio 100.0% → 100.0%). Calculated
-
↓
Cash fell
Bank deposits 1.80m NOK → 756.4k NOK (-58.0% YoY). Calculated