Org.nr 916 647 077 2019 → 2020 Year-over-year analysis

ADVISIO AS: årsregnskap 2020 vs 2019

Weaker earnings, fresh owner capital

approved 2021-05-11; registry 2021-08-23; journal 2021 668612

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVISIO AS. Revenue 10.9k NOK → 10.9k NOK (0.0%). Net result -19.0k NOK → -52.3k NOK. Equity -311.5k NOK → -63.9k NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVISIO AS.

Scorecard

Revenue
10.9k NOK 10.9k NOK
0.0%
Operating result
-18.8k NOK -52.1k NOK
-176.7%
Net result
-19.0k NOK -52.3k NOK
-175.0%
Equity
-311.5k NOK -63.9k NOK
+79.5%
Cash
203 NOK 6 054 NOK
+2882.3%
Total assets
88.6k NOK 394.5k NOK
+345.2%

What improved

  • ↑

    Equity strengthened

    Book equity -311.5k NOK → -63.9k NOK (equity ratio -351.6% → -16.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 203 NOK → 6 054 NOK (+2882.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 330.0k NOK (+300.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -18.8k NOK → -52.1k NOK (op. margin -173.1% → -479.1%). Calculated

  • ↓

    Net result weakened

    Net result -19.0k NOK → -52.3k NOK (net margin -175.1% → -481.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 88.4k NOK → 388.4k NOK. Reported fact