FirmaIQ
Org.nr 999 039 715 2017 → 2018 Year-over-year analysis

ADVICE INNLANDET AS: årsregnskap 2018 vs 2017

Shrank 62% on revenue, weaker earnings

approved 2019-02-21; registry 2019-04-02; journal 2019 262809

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVICE INNLANDET AS. Revenue 5.73m NOK → 2.19m NOK (-61.7%). Net result +432.2k NOK → +304.5k NOK. Equity 211.4k NOK → 515.9k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
5.73m NOK 2.19m NOK
-61.7%
Net result
+432.2k NOK +304.5k NOK
-29.5%
Equity
211.4k NOK 515.9k NOK
+144.1%
Cash
557.1k NOK 453.8k NOK
-18.5%
Total assets
881.2k NOK 241.4k NOK
-72.6%

What improved

  • ↑

    Equity strengthened

    Book equity 211.4k NOK → 515.9k NOK (equity ratio 24.0% → 213.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.73m NOK to 2.19m NOK (-61.7% YoY). Calculated

  • ↓

    Net result weakened

    Net result +432.2k NOK → +304.5k NOK (net margin 7.5% → 13.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 557.1k NOK → 453.8k NOK (-18.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.31× → 0.48× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.48m NOK → 3.95m NOK (43% → 180% of revenue). Calculated