Org.nr 938 113 033 2015 → 2016 Year-over-year analysis

ADVICE REKLAMEBYRÅ AS: årsregnskap 2016 vs 2015

Shrank 25% on revenue, cash halved-plus

approved 2017-05-30; registry 2017-06-15; journal 2017 453277

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVICE REKLAMEBYRÅ AS. Revenue 42.7k NOK → 32.0k NOK (-24.9%). Equity -21.4k NOK → -39.9k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVICE REKLAMEBYRÅ AS.

Scorecard

Revenue
42.7k NOK 32.0k NOK
-24.9%
Equity
-21.4k NOK -39.9k NOK
-86.4%
Cash
5 140 NOK 1 557 NOK
-69.7%
Total assets
13.2k NOK 8 855 NOK
-33.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 42.7k NOK to 32.0k NOK (-24.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -21.4k NOK → -39.9k NOK (equity ratio -161.8% → -450.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 5 140 NOK → 1 557 NOK (-69.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -450.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation