FirmaIQ
Org.nr 923 242 201 2019 → 2020 Year-over-year analysis

ADVISOR AS: årsregnskap 2020 vs 2019

Grew 2081% on revenue, slipped into loss

approved 2021-06-24; registry 2021-08-21; journal 2021 632564

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVISOR AS. Revenue 900 NOK → 19.6k NOK (+2081.3%). Net result +780 NOK → -2 552 NOK. Equity 0 NOK → -2.53m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADVISOR AS.

At a glance

Scorecard

Revenue
900 NOK 19.6k NOK
+2081.3%
Operating result
+229 NOK -3 275 NOK
-1530.1%
Net result
+780 NOK -2 552 NOK
-427.2%
Equity
0 NOK -2.53m NOK
—
Cash
n/m 622.3k NOK
—
Total assets
0 NOK 5.43m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 900 NOK to 19.6k NOK (+2081.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +229 NOK → -3 275 NOK (op. margin 25.4% → -16.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 780 NOK profit to a loss of 2 552 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 0 NOK → -2.53m NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -46.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 206 NOK → 12.9k NOK (23% → 66% of revenue). Calculated