Org.nr 916 390 831 2015 → 2016 Year-over-year analysis

ADVANTA AS: årsregnskap 2016 vs 2015

Slipped into loss, cash halved-plus, fresh owner capital

approved 2017-05-30; registry 2017-06-21; journal 2017 505977

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVANTA AS. Net result 0 NOK → -38.3k NOK. Equity 91.8k NOK → 53.6k NOK.

On the constructive side: owners injected capital. Pressures included: fell into a net loss; equity eroded; cash fell.

Net tougher year on the published lines.

Scorecard

Revenue
n/m 16.0k NOK
—
Operating result
n/m -38.3k NOK
—
Net result
0 NOK -38.3k NOK
—
Equity
91.8k NOK 53.6k NOK
-41.7%
Cash
100.0k NOK 5 338 NOK
-94.7%
Total assets
100.0k NOK 507.3k NOK
+407.3%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 3 100 NOK → 100.0k NOK (+96.9k NOK). Reported fact

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 38.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 91.8k NOK → 53.6k NOK (equity ratio 91.8% → 10.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 100.0k NOK → 5 338 NOK (-94.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 12.24× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated