Org.nr 981 102 495 2014 → 2015 Year-over-year analysis

ADVICE AS: årsregnskap 2015 vs 2014

Cash halved-plus

approved 2016-06-24; registry 2016-07-04; journal 2016 624549

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVICE AS. Equity 4.55m NOK → 4.11m NOK.

Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADVICE AS.

At a glance

Revenue

112.9k NOK n/m

—

Operating result

-65.0k NOK -89.8k NOK

-38.2%

Net result

n/m -444.8k NOK

—

Equity

4.55m NOK 4.11m NOK

-9.8%

Cash

1.88m NOK 495.8k NOK

-73.6%

Total assets

4.60m NOK 4.21m NOK

-8.4%

↓
Operating result weakened

Operating result -65.0k NOK → -89.8k NOK. Calculated
↓
Equity eroded

Book equity 4.55m NOK → 4.11m NOK (equity ratio 99.1% → 97.6%). Calculated
↓
Cash fell

Bank deposits 1.88m NOK → 495.8k NOK (-73.6% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.88m NOK → 495.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 559.6k NOK → 778.7k NOK. Reported fact