Org.nr 998 457 149 2015 → 2016 Year-over-year analysis

ADVASAN MEDICAL GROUP AS: årsregnskap 2016 vs 2015

Shrank 85% on revenue

approved 2017-03-10; registry 2017-07-15; journal 2017 705374

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVASAN MEDICAL GROUP AS. Revenue 148.7k NOK → 22.0k NOK (-85.2%). Equity 16.7k NOK → 21.9k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVASAN MEDICAL GROUP AS.

Scorecard

Revenue
148.7k NOK 22.0k NOK
-85.2%
Equity
16.7k NOK 21.9k NOK
+31.3%
Cash
22.9k NOK 17.4k NOK
-24.0%
Total assets
57.3k NOK 53.1k NOK
-7.3%

What improved

  • ↑

    Equity strengthened

    Book equity 16.7k NOK → 21.9k NOK (equity ratio 29.1% → 41.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 148.7k NOK to 22.0k NOK (-85.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 22.9k NOK → 17.4k NOK (-24.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 89.3k NOK → 5 958 NOK (-93.3% YoY). Calculated