ADVISORS AS: årsregnskap 2016 vs 2015
Grew 9% on revenue, weaker earnings
approved 2017-06-01; registry 2017-07-06; journal 2017 615442
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ADVISORS AS. Revenue 13.27m NOK → 14.52m NOK (+9.4%). Net result +111.4k NOK → +72.1k NOK. Equity 2.97m NOK → 6.83m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVISORS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 13.27m NOK to 14.52m NOK (+9.4% YoY). Calculated
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↑
Equity strengthened
Book equity 2.97m NOK → 6.83m NOK (equity ratio 44.6% → 50.9%). Calculated
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↑
Cash rose
Bank deposits 2.52m NOK → 2.65m NOK (+5.2% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +111.4k NOK → +72.1k NOK (net margin 0.8% → 0.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.08× → 0.72× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 560.7k NOK → 496.8k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 568.8k NOK → 718.9k NOK (+26.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 52 NOK → 3 983 NOK. Reported fact