ADVICE4YOU AS: årsregnskap 2016 vs 2015
Grew 62% on revenue, returned to profit, cash halved-plus
approved 2017-04-01; registry 2017-04-25; journal 2017 292200
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVICE4YOU AS. Revenue 502.2k NOK → 814.8k NOK (+62.3%). Net result -161.3k NOK → +13.0k NOK. Equity -283.5k NOK → -296.5k NOK.
On the constructive side: revenue rose; turned profitable; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVICE4YOU AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 502.2k NOK to 814.8k NOK (+62.3% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 161.3k NOK to a profit of 13.0k NOK. Calculated
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Payroll decreased
Salary cost 10373.80bn NOK → 9 NOK (2065798229% → 0% of revenue). Calculated
What deteriorated
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Operating result weakened
Operating result +40.1k NOK → +4 306 NOK (op. margin 8.0% → 0.5%). Calculated
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Equity eroded
Book equity -283.5k NOK → -296.5k NOK (equity ratio -62.8% → -72.0%). Calculated
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Cash fell
Bank deposits 95.5k NOK → 34.2k NOK (-64.2% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -72.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation