Org.nr 980 068 714 2013 → 2014 Year-over-year analysis

ADVICE MANAGEMENT CONSULTING AS: årsregnskap 2014 vs 2013

Weaker earnings, cash halved-plus

approved 2015-06-25; registry 2015-09-08; journal 2015 806598

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ADVICE MANAGEMENT CONSULTING AS. Revenue 0 NOK → 18.1k NOK. Net result +346.6k NOK → +2 015 NOK. Equity 664.9k NOK → 672.6k NOK.

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

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

Scorecard

Revenue
0 NOK 18.1k NOK
—
Operating result
+7 130 NOK n/m
—
Net result
+346.6k NOK +2 015 NOK
-99.4%
Equity
664.9k NOK 672.6k NOK
+1.2%
Cash
90.6k NOK 15.8k NOK
-82.5%
Total assets
829.2k NOK 703.3k NOK
-15.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 18.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 664.9k NOK → 672.6k NOK (equity ratio 80.2% → 95.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.92× → 22.92×. Calculated

  • ↑

    Payroll decreased

    Salary cost -34.2k NOK → -56.4k NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +346.6k NOK → +2 015 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 90.6k NOK → 15.8k NOK (-82.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 678.3k NOK → -9 193 NOK. Reported fact