FirmaIQ
Org.nr 992 058 501 2017 → 2018 Year-over-year analysis

ADVICIA AS: årsregnskap 2018 vs 2017

Grew 55% on revenue, weaker earnings

approved 2018-12-10; registry 2019-07-29; journal 2019 811786

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVICIA AS. Revenue 2.86m NOK → 4.45m NOK (+55.5%). Net result +546.7k NOK → +215.1k NOK. Equity 10.67m NOK → 10.88m NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: net result weakened; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.86m NOK 4.45m NOK
+55.5%
Net result
+546.7k NOK +215.1k NOK
-60.7%
Equity
10.67m NOK 10.88m NOK
+2.0%
Cash
970.0k NOK 650.8k NOK
-32.9%
Total assets
1.90m NOK 1.61m NOK
-15.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.86m NOK to 4.45m NOK (+55.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 10.67m NOK → 10.88m NOK (equity ratio 561.6% → 677.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.45m NOK → 3 NOK (120% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +546.7k NOK → +215.1k NOK (net margin 19.1% → 4.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 970.0k NOK → 650.8k NOK (-32.9% YoY). Calculated