ADVANO AS: årsregnskap 2020 vs 2019
Returned to profit
approved 2021-03-02; registry 2021-03-27; journal 2021 170781
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVANO AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -5 568 NOK → +155.2k NOK. Equity 34.4k NOK → 89.6k NOK.
On the constructive side: turned profitable; equity strengthened; cash rose.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADVANO AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 5 568 NOK to a profit of 155.2k NOK. Calculated
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↑
Equity strengthened
Book equity 34.4k NOK → 89.6k NOK (equity ratio 100.0% → 51.4%). Calculated
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↑
Cash rose
Bank deposits 4 432 NOK → 44.4k NOK (+902.5% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 34.4k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 30.0k NOK → 60.0k NOK. Reported fact