Org.nr 865 109 032 2016 → 2017 Year-over-year analysis

ADVISORS AS: årsregnskap 2017 vs 2016

Grew 21% on revenue, stronger earnings, fresh owner capital

approved 2018-05-15; registry 2018-06-12; journal 2018 460910

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ADVISORS AS. Revenue 14.52m NOK → 17.56m NOK (+20.9%). Net result +72.1k NOK → +687.4k NOK. Equity 6.83m NOK → 17.88m NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVISORS AS.

Scorecard

Revenue
14.52m NOK 17.56m NOK
+20.9%
Net result
+72.1k NOK +687.4k NOK
+853.6%
Equity
6.83m NOK 17.88m NOK
+161.7%
Cash
2.65m NOK 3.36m NOK
+26.9%
Total assets
13.41m NOK 33.93m NOK
+152.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.52m NOK to 17.56m NOK (+20.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +72.1k NOK → +687.4k NOK (net margin 0.5% → 3.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.83m NOK → 17.88m NOK (equity ratio 50.9% → 52.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.65m NOK → 3.36m NOK (+26.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.72× → 1.31×. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 718.9k NOK → 1.75m NOK (+143.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3 983 NOK → 13.35m NOK. Reported fact