Org.nr 988 727 571 2017 → 2018 Year-over-year analysis

ADVISOR REVISJON & REGNSKAP AS: årsregnskap 2018 vs 2017

Shrank 12% on revenue, cash halved-plus

approved 2019-06-24; registry 2019-07-15; journal 2019 703126

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVISOR REVISJON & REGNSKAP AS. Revenue 4.82m NOK → 4.25m NOK (-12.0%). Equity 1.30m NOK → 6.85m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Net tougher year on the published lines.

At a glance

Revenue

4.82m NOK 4.25m NOK

-12.0%

Operating result

+704.6k NOK -575.7k NOK

-181.7%

Net result

+537.4k NOK n/m

—

Equity

1.30m NOK 6.85m NOK

+428.1%

Cash

705.4k NOK 349.9k NOK

-50.4%

Total assets

2.29m NOK 1.64m NOK

-28.5%

↑
Equity strengthened

Book equity 1.30m NOK → 6.85m NOK (equity ratio 56.5% → 417.7%). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.82m NOK to 4.25m NOK (-12.0% YoY). Calculated
↓
Operating result weakened

Operating result +704.6k NOK → -575.7k NOK (op. margin 14.6% → -13.6%). Calculated
↓
Cash fell

Bank deposits 705.4k NOK → 349.9k NOK (-50.4% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 3.32m NOK → 3.45m NOK (69% → 81% of revenue). Calculated