Org.nr 981 102 495 2015 → 2016 Year-over-year analysis

ADVICE AS: årsregnskap 2016 vs 2015

Stronger earnings

approved 2017-05-31; registry 2017-07-06; journal 2017 627880

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVICE AS. Net result -444.8k NOK → -52.9k NOK. Equity 4.11m NOK → 4.06m NOK.

On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.

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

At a glance

Operating result

-89.8k NOK -91.9k NOK

-2.4%

Net result

-444.8k NOK -52.9k NOK

+88.1%

Equity

4.11m NOK 4.06m NOK

-1.3%

Cash

495.8k NOK 338.1k NOK

-31.8%

Total assets

4.21m NOK 4.27m NOK

+1.5%

↓
Operating result weakened

Operating result -89.8k NOK → -91.9k NOK. Calculated
↓
Equity eroded

Book equity 4.11m NOK → 4.06m NOK (equity ratio 97.6% → 94.9%). Calculated
↓
Cash fell

Bank deposits 495.8k NOK → 338.1k NOK (-31.8% YoY). Calculated

·
Book investments changed

Investment / intangible book value 778.7k NOK → 960.2k NOK. Reported fact