Org.nr 919 298 928 2018 → 2019 Year-over-year analysis

ADVICEPEOPLE HR SERVICES AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-06-30; registry 2020-09-03; journal 2020 735510

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVICEPEOPLE HR SERVICES AS. Revenue 1.97m NOK → 1.96m NOK (-0.1%). Net result +1.85m NOK → +109.3k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVICEPEOPLE HR SERVICES AS.

At a glance

Revenue

1.97m NOK 1.96m NOK

-0.1%

Operating result

+361.8k NOK +169.1k NOK

-53.3%

Net result

+1.85m NOK +109.3k NOK

-94.1%

Cash

945 NOK 890.3k NOK

+94111.5%

Total assets

3.88m NOK 2.99m NOK

-22.9%

↓
Revenue fell

Operating income / revenue moved from 1.97m NOK to 1.96m NOK (-0.1% YoY). Calculated
↓
Operating result weakened

Operating result +361.8k NOK → +169.1k NOK (op. margin 18.4% → 8.6%). Calculated
↓
Net result weakened

Net result +1.85m NOK → +109.3k NOK (net margin 93.9% → 5.6%). Calculated

·
Book investments changed

Investment / intangible book value 59.8k NOK → 178 NOK. Reported fact