Org.nr 980 068 714 2017 → 2018 Year-over-year analysis

ADVICE MANAGEMENT CONSULTING AS: årsregnskap 2018 vs 2017

Grew 61% on revenue

approved 2019-04-25; registry 2019-05-15; journal 2019 337639

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVICE MANAGEMENT CONSULTING AS. Revenue 404.8k NOK → 650.6k NOK (+60.7%). Equity 276.2k NOK → 1.27m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVICE MANAGEMENT CONSULTING AS.

At a glance

Revenue

404.8k NOK 650.6k NOK

+60.7%

Operating result

-408.8k NOK +633.3k NOK

+254.9%

Net result

n/m +990.5k NOK

—

Equity

276.2k NOK 1.27m NOK

+358.6%

Cash

342.6k NOK 457.4k NOK

+33.5%

Total assets

1.12m NOK 1.43m NOK

+28.2%

↑
Revenue rose

Operating income / revenue moved from 404.8k NOK to 650.6k NOK (+60.7% YoY). Calculated
↑
Operating result improved

Operating result -408.8k NOK → +633.3k NOK (op. margin -101.0% → 97.3%). Calculated
↑
Equity strengthened

Book equity 276.2k NOK → 1.27m NOK (equity ratio 24.7% → 88.3%). Calculated
↑
Cash rose

Bank deposits 342.6k NOK → 457.4k NOK (+33.5% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.76× → 2.59×. Calculated

·
COGS moved

COGS / varekostnad 26.0k NOK → 127.7k NOK (+391.2% YoY). Calculated