ADVISORS AS: årsregnskap 2018 vs 2017
Mixed movements in the accounts
approved 2019-06-24; registry 2019-07-11; journal 2019 679339
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ADVISORS AS. Revenue 17.56m NOK → 17.91m NOK (+2.0%). Equity 17.88m NOK → 15.55m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; cogs moved. 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 17.56m NOK to 17.91m NOK (+2.0% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 17.88m NOK → 15.55m NOK (equity ratio 52.7% → 44.7%). Calculated
-
↓
Cash fell
Bank deposits 3.36m NOK → 1.81m NOK (-46.1% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.31× → 0.57× — 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 14.86m NOK → 244.2k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS moved
COGS / varekostnad 1.75m NOK → 2.42m NOK (+38.0% YoY). Calculated