ADVISENSE AS: årsregnskap 2017 vs 2016
Grew 56% on revenue, stronger earnings
approved 2018-03-01; registry 2018-06-02; journal 2018 389097
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVISENSE AS. Revenue 23.41m NOK → 36.51m NOK (+55.9%). Net result +1.80m NOK → +3.20m NOK.
On the constructive side: revenue rose; net result improved; cash rose.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVISENSE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 23.41m NOK to 36.51m NOK (+55.9% YoY). Calculated
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↑
Net result improved
Net result +1.80m NOK → +3.20m NOK (net margin 7.7% → 8.8%). Calculated
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↑
Cash rose
Bank deposits 3.92m NOK → 4.80m NOK (+22.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 16.92m NOK → 22.35m NOK (72% → 61% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 200.7k NOK → 368.8k NOK (+83.8% YoY). Calculated