Org.nr 999 039 715 2018 → 2019 Year-over-year analysis

ADVICE INNLANDET AS: årsregnskap 2019 vs 2018

Grew 37% on revenue

approved 2020-06-11; registry 2020-06-24; journal 2020 478273

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ADVICE INNLANDET AS. Revenue 2.19m NOK → 2.99m NOK (+36.7%). Equity 515.9k NOK → 571.8k NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVICE INNLANDET AS.

Scorecard

Revenue
2.19m NOK 2.99m NOK
+36.7%
Net result
+304.5k NOK n/m
—
Equity
515.9k NOK 571.8k NOK
+10.8%
Cash
453.8k NOK 376.8k NOK
-17.0%
Total assets
241.4k NOK 1.30m NOK
+438.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.19m NOK to 2.99m NOK (+36.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 515.9k NOK → 571.8k NOK (equity ratio 213.7% → 44.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.48× → 2.36×. Calculated

  • ↑

    Payroll decreased

    Salary cost 3.95m NOK → 2.11m NOK (180% → 70% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 453.8k NOK → 376.8k NOK (-17.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 413.8k NOK → 180.0k NOK (-56.5% YoY). Calculated