FirmaIQ
Org.nr 980 068 714 2018 → 2019 Year-over-year analysis

ADVICE MANAGEMENT CONSULTING AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue, slipped into loss, cash halved-plus

approved 2020-04-22; registry 2020-04-25; journal 2020 308074

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVICE MANAGEMENT CONSULTING AS. Revenue 650.6k NOK → 1 650 NOK (-99.7%). Net result +990.5k NOK → -570.9k NOK. Equity 1.27m NOK → 6.70m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
650.6k NOK 1 650 NOK
-99.7%
Operating result
+633.3k NOK -65.4k NOK
-110.3%
Net result
+990.5k NOK -570.9k NOK
-157.6%
Equity
1.27m NOK 6.70m NOK
+428.6%
Cash
457.4k NOK 171.6k NOK
-62.5%
Total assets
1.43m NOK 695.8k NOK
-51.5%

What improved

  • ↑

    Equity strengthened

    Book equity 1.27m NOK → 6.70m NOK (equity ratio 88.3% → 962.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 650.6k NOK to 1 650 NOK (-99.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +633.3k NOK → -65.4k NOK (op. margin 97.3% → -3961.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 990.5k NOK profit to a loss of 570.9k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 457.4k NOK → 171.6k NOK (-62.5% YoY). Calculated