Org.nr 988 727 571 2016 → 2017 Year-over-year analysis

ADVISOR REVISJON & REGNSKAP AS: årsregnskap 2017 vs 2016

Grew 31% on revenue, stronger earnings

approved 2018-06-30; registry 2018-07-18; journal 2018 708047

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVISOR REVISJON & REGNSKAP AS. Revenue 3.68m NOK → 4.82m NOK (+31.2%). Net result +241.3k NOK → +537.4k NOK. Equity 759.6k NOK → 1.30m NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVISOR REVISJON & REGNSKAP AS.

Scorecard

Revenue
3.68m NOK 4.82m NOK
+31.2%
Operating result
+315.9k NOK +704.6k NOK
+123.0%
Net result
+241.3k NOK +537.4k NOK
+122.8%
Equity
759.6k NOK 1.30m NOK
+70.8%
Cash
650.9k NOK 705.4k NOK
+8.4%
Total assets
1.77m NOK 2.29m NOK
+29.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.68m NOK to 4.82m NOK (+31.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +315.9k NOK → +704.6k NOK (op. margin 8.6% → 14.6%). Calculated

  • ↑

    Net result improved

    Net result +241.3k NOK → +537.4k NOK (net margin 6.6% → 11.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 759.6k NOK → 1.30m NOK (equity ratio 42.9% → 56.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 650.9k NOK → 705.4k NOK (+8.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.77m NOK → 3.32m NOK (75% → 69% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 75.0k NOK → 31.9k NOK. Reported fact