FirmaIQ
Org.nr 938 113 033 2019 → 2020 Year-over-year analysis

ADVICE REKLAMEBYRÅ AS: årsregnskap 2020 vs 2019

Grew 46% on revenue, stronger earnings

approved 2021-03-23; registry 2021-03-25; journal 2021 170518

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVICE REKLAMEBYRÅ AS. Revenue 15.5k NOK → 22.6k NOK (+46.3%). Net result -24.0k NOK → -7 501 NOK. Equity -92.3k NOK → -99.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
15.5k NOK 22.6k NOK
+46.3%
Operating result
-23.6k NOK -7 318 NOK
+69.0%
Net result
-24.0k NOK -7 501 NOK
+68.8%
Equity
-92.3k NOK -99.8k NOK
-8.1%
Cash
9 849 NOK 9 805 NOK
-0.4%
Total assets
9 849 NOK 26.0k NOK
+164.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.5k NOK to 22.6k NOK (+46.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -23.6k NOK → -7 318 NOK (op. margin -152.6% → -32.3%). Calculated

  • ↑

    Net result improved

    Net result -24.0k NOK → -7 501 NOK (net margin -155.5% → -33.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.10× → 2.60×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -92.3k NOK → -99.8k NOK (equity ratio -936.8% → -383.7%). Calculated