Org.nr 981 102 495 2016 → 2017 Year-over-year analysis

ADVICE AS: årsregnskap 2017 vs 2016

Returned to profit

approved 2018-06-27; registry 2018-07-04; journal 2018 621161

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVICE AS. Net result -52.9k NOK → +184.5k NOK. Equity 4.06m NOK → 4.24m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell.

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

Scorecard

Operating result
-91.9k NOK -68.1k NOK
+25.9%
Net result
-52.9k NOK +184.5k NOK
+448.8%
Equity
4.06m NOK 4.24m NOK
+4.5%
Cash
338.1k NOK 242.5k NOK
-28.3%
Total assets
4.27m NOK 4.28m NOK
+0.2%

What improved

  • ↑

    Operating result improved

    Operating result -91.9k NOK → -68.1k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 52.9k NOK to a profit of 184.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 4.06m NOK → 4.24m NOK (equity ratio 94.9% → 99.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 338.1k NOK → 242.5k NOK (-28.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 960.2k NOK → 936.5k NOK. Reported fact