Org.nr 998 367 549 2017 → 2018 Year-over-year analysis

ADVISE REKLAMEBYRÅ AS: årsregnskap 2018 vs 2017

Shrank 47% on revenue

approved 2019-06-17; registry 2019-07-02; journal 2019 584407

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVISE REKLAMEBYRÅ AS. Revenue 738.7k NOK → 388.2k NOK (-47.4%). Equity 132.9k NOK → 367.2k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVISE REKLAMEBYRÅ AS.

At a glance

Revenue

738.7k NOK 388.2k NOK

-47.4%

Equity

132.9k NOK 367.2k NOK

+176.2%

Cash

471.6k NOK 340.5k NOK

-27.8%

Total assets

1.39m NOK 412.6k NOK

-70.4%

↑
Equity strengthened

Book equity 132.9k NOK → 367.2k NOK (equity ratio 9.6% → 89.0%). Calculated

↓
Revenue fell

Operating income / revenue moved from 738.7k NOK to 388.2k NOK (-47.4% YoY). Calculated
↓
Cash fell

Bank deposits 471.6k NOK → 340.5k NOK (-27.8% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.08× → 0.33× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated