FirmaIQ
Org.nr 911 836 246 2017 → 2018 Year-over-year analysis

ADVISENSE AS: årsregnskap 2018 vs 2017

Grew 32% on revenue, stronger earnings

approved 2019-05-08; registry 2019-06-22; journal 2019 495749

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVISENSE AS. Revenue 36.51m NOK → 48.34m NOK (+32.4%). Net result +3.20m NOK → +5.82m NOK.

On the constructive side: revenue rose; net result improved; cash rose.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVISENSE AS.

At a glance

Scorecard

Revenue
36.51m NOK 48.34m NOK
+32.4%
Net result
+3.20m NOK +5.82m NOK
+81.5%
Cash
4.80m NOK 9.16m NOK
+90.7%
Total assets
14.94m NOK 18.70m NOK
+25.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 36.51m NOK to 48.34m NOK (+32.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +3.20m NOK → +5.82m NOK (net margin 8.8% → 12.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.80m NOK → 9.16m NOK (+90.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 22.35m NOK → 28.81m NOK (61% → 60% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 368.8k NOK → 3.47m NOK (+842.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 998.4k NOK → 504.4k NOK. Reported fact