ADVISE REKLAMEBYRÅ AS: årsregnskap 2017 vs 2016
Shrank 10% on revenue
approved 2018-03-17; registry 2018-06-28; journal 2018 592474
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVISE REKLAMEBYRÅ AS. Revenue 821.8k NOK → 738.7k NOK (-10.1%). Equity 241.7k NOK → 132.9k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADVISE REKLAMEBYRÅ AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 378.7k NOK → 471.6k NOK (+24.5% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 821.8k NOK to 738.7k NOK (-10.1% YoY). Calculated
-
↓
Equity eroded
Book equity 241.7k NOK → 132.9k NOK (equity ratio 17.3% → 9.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 9.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 45.0k NOK → 37.5k NOK (-16.6% YoY). Calculated