Org.nr 999 039 715 2019 → 2020 Year-over-year analysis

ADVICE INNLANDET AS: årsregnskap 2020 vs 2019

Grew 21% on revenue

approved 2021-03-23; registry 2021-03-29; journal 2021 173962

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVICE INNLANDET AS. Revenue 2.99m NOK → 3.61m NOK (+20.6%). Equity 571.8k NOK → 1 192 NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.

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

At a glance

Revenue

2.99m NOK 3.61m NOK

+20.6%

Operating result

n/m +791.7k NOK

—

Net result

n/m +620.5k NOK

—

Equity

571.8k NOK 1 192 NOK

-99.8%

Cash

376.8k NOK 568.3k NOK

+50.8%

Total assets

1.30m NOK 2.22m NOK

+70.4%

↑
Revenue rose

Operating income / revenue moved from 2.99m NOK to 3.61m NOK (+20.6% YoY). Calculated
↑
Cash rose

Bank deposits 376.8k NOK → 568.3k NOK (+50.8% YoY). Calculated
↑
Payroll decreased

Salary cost 2.11m NOK → 2.04m NOK (70% → 56% of revenue). Calculated

↓
Equity eroded

Book equity 571.8k NOK → 1 192 NOK (equity ratio 44.0% → 0.1%). Calculated

·
Thin equity buffer

Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 180.0k NOK → 159.2k NOK (-11.5% YoY). Calculated