ADVICIA AS: årsregnskap 2016 vs 2015
Grew 8% on revenue, stronger earnings
approved 2017-02-28; registry 2017-03-07; journal 2017 222295
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVICIA AS. Revenue 3.75m NOK → 4.07m NOK (+8.5%). Net result +102.7k NOK → +564.8k NOK. Equity 160.9k NOK → 118.7k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ADVICIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.75m NOK to 4.07m NOK (+8.5% YoY). Calculated
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↑
Net result improved
Net result +102.7k NOK → +564.8k NOK (net margin 2.7% → 13.9%). Calculated
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↑
Cash rose
Bank deposits 809.8k NOK → 830.5k NOK (+2.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.15m NOK → 1.52m NOK (57% → 37% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 160.9k NOK → 118.7k NOK (equity ratio 9.2% → 8.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 205.4k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation