Org.nr 999 517 854 2012 → 2013 Year-over-year analysis

ADVENGE CONSULTING AS: årsregnskap 2013 vs 2012

Grew 151% on revenue

approved 2014-05-30; registry 2014-06-28; journal 2014 517664

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVENGE CONSULTING AS. Revenue 588 NOK → 1 478 NOK (+151.4%). Equity 0 NOK → 34.6k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVENGE CONSULTING AS.

At a glance

Revenue

588 NOK 1 478 NOK

+151.4%

Operating result

n/m +808.1k NOK

—

Equity

0 NOK 34.6k NOK

—

Cash

20 NOK 1 889 NOK

+9345.0%

Total assets

0 NOK 1.89m NOK

—

↑
Revenue rose

Operating income / revenue moved from 588 NOK to 1 478 NOK (+151.4% YoY). Calculated
↑
Equity strengthened

Book equity 0 NOK → 34.6k NOK. Calculated
↑
Cash rose

Bank deposits 20 NOK → 1 889 NOK (+9345.0% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.31× → 1027.20×. Calculated

·
Thin equity buffer

Equity ratio is 1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation