ADVENGE CONSULTING AS: årsregnskap 2017 vs 2016
Grew 259% on revenue
approved 2018-05-25; registry 2018-05-30; journal 2018 406689
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVENGE CONSULTING AS. Revenue 170.8k NOK → 612.9k NOK (+258.9%). Equity 171.0k NOK → 153.3k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVENGE CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 170.8k NOK to 612.9k NOK (+258.9% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 171.0k NOK → 153.3k NOK (equity ratio 16.4% → 16.7%). Calculated
-
↓
Cash fell
Bank deposits 1.02m NOK → 920.4k NOK (-9.9% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 171.0k NOK → 153.3k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Payroll increased
Salary cost 2 NOK → 405.3k NOK (0% → 66% of revenue). Calculated