Org.nr 980 068 714 2020 → 2021 Year-over-year analysis

ADVICE MANAGEMENT CONSULTING AS: årsregnskap 2021 vs 2020

Shrank 30% on revenue, weaker earnings

approved 2022-02-17; registry 2022-02-26; journal 2022 125508

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVICE MANAGEMENT CONSULTING AS. Revenue 303.8k NOK → 213.4k NOK (-29.7%). Net result +906.6k NOK → +300.5k NOK. Equity 10 NOK → 1.90m NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
303.8k NOK 213.4k NOK
-29.7%
Operating result
+232.0k NOK +158.4k NOK
-31.7%
Net result
+906.6k NOK +300.5k NOK
-66.9%
Equity
10 NOK 1.90m NOK
+19028630.0%
Cash
167.6k NOK 96.0k NOK
-42.7%
Total assets
674.1k NOK 1.94m NOK
+188.4%

What improved

  • ↑

    Equity strengthened

    Book equity 10 NOK → 1.90m NOK (equity ratio 0.0% → 97.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 303.8k NOK to 213.4k NOK (-29.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +232.0k NOK → +158.4k NOK (op. margin 76.4% → 74.2%). Calculated

  • ↓

    Net result weakened

    Net result +906.6k NOK → +300.5k NOK (net margin 298.5% → 140.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 167.6k NOK → 96.0k NOK (-42.7% YoY). Calculated