Org.nr 993 100 935 2018 → 2019 Year-over-year analysis

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

Full company analysis · All year comparisons

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.

Scorecard

Revenue
8 120 NOK 0 NOK
-100.0%
Operating result
+4 370 NOK -3 188 NOK
-173.0%
Net result
+44.3k NOK -2 432 NOK
-105.5%
Equity
121.7k NOK 119.2k NOK
-2.0%
Cash
4 734 NOK 1 548 NOK
-67.3%
Total assets
241.7k NOK 199.2k NOK
-17.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8 120 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4 370 NOK → -3 188 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 44.3k NOK profit to a loss of 2 432 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 121.7k NOK → 119.2k NOK (equity ratio 50.3% → 59.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 4 734 NOK → 1 548 NOK (-67.3% YoY). Calculated