FirmaIQ
Org.nr 915 813 860 2016 → 2017 Year-over-year analysis

ADVENIT AS: årsregnskap 2017 vs 2016

A steady year on the published lines

approved 2018-04-17; registry 2018-06-13; journal 2018 475143

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVENIT AS. Revenue 7.08m NOK → 6.96m NOK (-1.7%). Equity 32.0k NOK → 1.33m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
7.08m NOK 6.96m NOK
-1.7%
Net result
n/m +1.30m NOK
—
Equity
32.0k NOK 1.33m NOK
+4056.6%
Cash
641.0k NOK 2.03m NOK
+217.1%
Total assets
2.38m NOK 2.84m NOK
+19.1%

What improved

  • ↑

    Equity strengthened

    Book equity 32.0k NOK → 1.33m NOK (equity ratio 1.3% → 46.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 641.0k NOK → 2.03m NOK (+217.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.27× → 1.85×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.08m NOK to 6.96m NOK (-1.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3 NOK → 4.23m NOK (0% → 61% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 37.2k NOK → 26.7k NOK (-28.4% YoY). Calculated