Org.nr 979 623 151 2017 → 2018 Year-over-year analysis

ADVANIA FOCUS AS: årsregnskap 2018 vs 2017

Mixed movements in the accounts

approved 2019-05-03; registry 2019-05-22; journal 2019 346884

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ADVANIA FOCUS AS. Revenue 28.75m NOK → 27.98m NOK (-2.7%). Equity 10.19m NOK → 10.05m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVANIA FOCUS AS.

Scorecard

Revenue
28.75m NOK 27.98m NOK
-2.7%
Equity
10.19m NOK 10.05m NOK
-1.4%
Cash
12.53m NOK 13.04m NOK
+4.1%
Total assets
19.39m NOK 19.43m NOK
+0.2%

What improved

  • ↑

    Cash rose

    Bank deposits 12.53m NOK → 13.04m NOK (+4.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 28.75m NOK to 27.98m NOK (-2.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 10.19m NOK → 10.05m NOK (equity ratio 52.6% → 51.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9.74m NOK → 8.24m NOK (-15.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5 000 NOK → 10.0k NOK. Reported fact