Org.nr 992 009 241 2015 → 2016 Year-over-year analysis

ADVANIA NORGE AS: årsregnskap 2016 vs 2015

Grew 43% on revenue

approved 2017-03-13; registry 2017-03-16; journal 2017 233073

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVANIA NORGE AS. Revenue 238.69m NOK → 340.67m NOK (+42.7%). Equity 22.43m NOK → 29.98m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVANIA NORGE AS.

At a glance

Revenue

238.69m NOK 340.67m NOK

+42.7%

Operating result

+20.99m NOK +29.92m NOK

+42.6%

Equity

22.43m NOK 29.98m NOK

+33.6%

Cash

35.77m NOK 50.14m NOK

+40.2%

Total assets

80.59m NOK 104.03m NOK

+29.1%

↑
Revenue rose

Operating income / revenue moved from 238.69m NOK to 340.67m NOK (+42.7% YoY). Calculated
↑
Operating result improved

Operating result +20.99m NOK → +29.92m NOK (op. margin 8.8% → 8.8%). Calculated
↑
Equity strengthened

Book equity 22.43m NOK → 29.98m NOK (equity ratio 27.8% → 28.8%). Calculated
↑
Cash rose

Bank deposits 35.77m NOK → 50.14m NOK (+40.2% YoY). Calculated

·
Payroll increased

Salary cost 10.90m NOK → 12.95m NOK (5% → 4% of revenue). Calculated
·
COGS moved

COGS / varekostnad 204.40m NOK → 295.23m NOK (+44.4% YoY). Calculated