FirmaIQ
Org.nr 865 109 032 2018 → 2019 Year-over-year analysis

ADVISORS AS: årsregnskap 2019 vs 2018

Grew 12% on revenue

approved 2020-03-31; registry 2020-05-27; journal 2020 370533

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVISORS AS. Revenue 17.91m NOK → 20.03m NOK (+11.8%). Equity 15.55m NOK → 15.09m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
17.91m NOK 20.03m NOK
+11.8%
Operating result
-3.00m NOK -2.44m NOK
+18.8%
Net result
n/m -458.1k NOK
—
Equity
15.55m NOK 15.09m NOK
-2.9%
Cash
1.81m NOK 1.62m NOK
-10.3%
Total assets
34.82m NOK 41.25m NOK
+18.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.91m NOK to 20.03m NOK (+11.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -3.00m NOK → -2.44m NOK (op. margin -16.8% → -12.2%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 15.55m NOK → 15.09m NOK (equity ratio 44.7% → 36.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.81m NOK → 1.62m NOK (-10.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 10.24m NOK → 10.88m NOK (57% → 54% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.42m NOK → 3.13m NOK (+29.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 13.35m NOK → 13.96m NOK. Reported fact