Org.nr 926 998 625 2020 → 2021 Year-over-year analysis

ADVICE CONSULTING GROUP AS: årsregnskap 2021 vs 2020

Grew 365% on revenue, slipped into loss

approved 2022-09-16; registry 2022-09-22; journal 2022 929012

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVICE CONSULTING GROUP AS. Revenue 479 NOK → 2 227 NOK (+364.9%). Net result 0 NOK → -53.8k NOK. Equity 0 NOK → 46.2k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVICE CONSULTING GROUP AS.

Scorecard

Revenue
479 NOK 2 227 NOK
+364.9%
Operating result
n/m -67.6k NOK
—
Net result
0 NOK -53.8k NOK
—
Equity
0 NOK 46.2k NOK
—
Cash
n/m 216.9k NOK
—
Total assets
0 NOK 808.5k NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 479 NOK to 2 227 NOK (+364.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 0 NOK → 46.2k NOK. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 53.8k NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation