FirmaIQ
Org.nr 993 381 276 2016 → 2017 Year-over-year analysis

ADVANTAGE AS: årsregnskap 2017 vs 2016

Shrank 33% on revenue, cash halved-plus

approved 2018-06-21; registry 2018-07-31; journal 2018 824302

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVANTAGE AS. Revenue 63.1k NOK → 42.2k NOK (-33.1%). Net result +113.5k NOK → +102.6k NOK. Equity 183.1k NOK → 80.6k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
63.1k NOK 42.2k NOK
-33.1%
Operating result
+34 NOK +62.92m NOK
+185071058.8%
Net result
+113.5k NOK +102.6k NOK
-9.6%
Equity
183.1k NOK 80.6k NOK
-56.0%
Cash
6 149 NOK 1 698 NOK
-72.4%
Total assets
395.0k NOK 338.4k NOK
-14.3%

What improved

  • ↑

    Operating result improved

    Operating result +34 NOK → +62.92m NOK (op. margin 0.1% → 149194.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 63.1k NOK to 42.2k NOK (-33.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +113.5k NOK → +102.6k NOK (net margin 180.0% → 243.2%). Calculated

  • ↓

    Equity eroded

    Book equity 183.1k NOK → 80.6k NOK (equity ratio 46.4% → 23.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 6 149 NOK → 1 698 NOK (-72.4% YoY). Calculated