Org.nr 980 068 714 2016 → 2017 Year-over-year analysis

ADVICE MANAGEMENT CONSULTING AS: årsregnskap 2017 vs 2016

Grew 59% on revenue

approved 2018-05-18; registry 2018-07-30; journal 2018 820268

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVICE MANAGEMENT CONSULTING AS. Revenue 254.5k NOK → 404.8k NOK (+59.1%). Equity 255.1k NOK → 276.2k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVICE MANAGEMENT CONSULTING AS.

Scorecard

Revenue
254.5k NOK 404.8k NOK
+59.1%
Operating result
-237.8k NOK -408.8k NOK
-71.9%
Net result
+16 NOK n/m
—
Equity
255.1k NOK 276.2k NOK
+8.3%
Cash
566.3k NOK 342.6k NOK
-39.5%
Total assets
274.5k NOK 1.12m NOK
+307.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 254.5k NOK to 404.8k NOK (+59.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 255.1k NOK → 276.2k NOK (equity ratio 92.9% → 24.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -237.8k NOK → -408.8k NOK (op. margin -93.4% → -101.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 566.3k NOK → 342.6k NOK (-39.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 49.97× → 0.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 255.1k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 297.5k NOK → 26.0k NOK (-91.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 301.6k NOK → 480.6k NOK. Reported fact