ADVERTO AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue, slipped into loss, cash halved-plus
approved 2020-06-10; registry 2020-08-10; journal 2020 661534
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVERTO AS. Revenue 8 120 NOK → 0 NOK (-100.0%). Net result +44.3k NOK → -2 432 NOK. Equity 121.7k NOK → 119.2k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8 120 NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result +4 370 NOK → -3 188 NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 44.3k NOK profit to a loss of 2 432 NOK. Calculated
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↓
Equity eroded
Book equity 121.7k NOK → 119.2k NOK (equity ratio 50.3% → 59.8%). Calculated
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↓
Cash fell
Bank deposits 4 734 NOK → 1 548 NOK (-67.3% YoY). Calculated