ADVIS AS: årsregnskap 2020 vs 2019
Grew 110% on revenue
approved 2021-01-15; registry 2021-01-20; journal 2021 107805
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVIS AS. Revenue 2.62m NOK → 5.50m NOK (+109.7%). Equity 66.6k NOK → 68.8k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVIS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.62m NOK to 5.50m NOK (+109.7% YoY). Calculated
-
↑
Equity strengthened
Book equity 66.6k NOK → 68.8k NOK (equity ratio 12.2% → 5757.7%). Calculated
-
↑
Cash rose
Bank deposits 85.0k NOK → 201.9k NOK (+137.5% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 1.14× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 2 012 NOK → 4.31m NOK (+213966.1% YoY). Calculated