Org.nr 938 113 033 2017 → 2018 Year-over-year analysis

ADVICE REKLAMEBYRÅ AS: årsregnskap 2018 vs 2017

Shrank 72% on revenue, cash halved-plus

approved 2019-05-13; registry 2019-06-05; journal 2019 385068

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVICE REKLAMEBYRÅ AS. Revenue 39.7k NOK → 11.1k NOK (-72.1%). Equity -45.4k NOK → -68.2k 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.

At a glance

Revenue

39.7k NOK 11.1k NOK

-72.1%

Equity

-45.4k NOK -68.2k NOK

-50.4%

Cash

13.1k NOK 3 373 NOK

-74.2%

Total assets

13.6k NOK 6 096 NOK

-55.1%

↓
Revenue fell

Operating income / revenue moved from 39.7k NOK to 11.1k NOK (-72.1% YoY). Calculated
↓
Equity eroded

Book equity -45.4k NOK → -68.2k NOK (equity ratio -333.9% → -1119.4%). Calculated
↓
Cash fell

Bank deposits 13.1k NOK → 3 373 NOK (-74.2% YoY). Calculated

·
Thin equity buffer

Equity ratio is -1119.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation