FirmaIQ
Org.nr 911 836 246 2018 → 2019 Year-over-year analysis

ADVISENSE AS: årsregnskap 2019 vs 2018

Grew 25% on revenue

approved 2020-04-14; registry 2020-05-04; journal 2020 323079

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVISENSE AS. Revenue 48.34m NOK → 60.54m NOK (+25.2%). Net result +5.82m NOK → +6.46m 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
48.34m NOK 60.54m NOK
+25.2%
Operating result
n/m +8.22m NOK
—
Net result
+5.82m NOK +6.46m NOK
+11.1%
Cash
9.16m NOK 10.15m NOK
+10.8%
Total assets
18.70m NOK 21.22m NOK
+13.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 48.34m NOK to 60.54m NOK (+25.2% YoY). Calculated

  • ↑

    Net result improved

    Net result +5.82m NOK → +6.46m NOK (net margin 12.0% → 10.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 9.16m NOK → 10.15m NOK (+10.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 28.81m NOK → 36.76m NOK (60% → 61% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3.47m NOK → 5.05m NOK (+45.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 504.4k NOK → 2.68m NOK. Reported fact