ADVANCE INVEST & CONSULTING AS: årsregnskap 2019 vs 2018
Returned to profit, cash halved-plus
approved 2020-07-21; registry 2020-08-10; journal 2020 661172
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVANCE INVEST & CONSULTING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -132.2k NOK → +445.6k NOK. Equity 3.47m NOK → 3.91m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
-8 218 NOK
+9 948 NOK
+221.1%
Net result
-132.2k NOK
+445.6k NOK
+436.9%
Equity
3.47m NOK
3.91m NOK
+12.8%
Cash
756.4k NOK
24.1k NOK
-96.8%
Total assets
3.47m NOK
4.03m NOK
+16.2%
What improved
-
↑
Operating result improved
Operating result -8 218 NOK → +9 948 NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 132.2k NOK to a profit of 445.6k NOK. Calculated
-
↑
Equity strengthened
Book equity 3.47m NOK → 3.91m NOK (equity ratio 100.0% → 97.1%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 756.4k NOK → 24.1k NOK (-96.8% YoY). Calculated