ADVISORS MOE AS: årsregnskap 2020 vs 2019
Grew 82% on revenue
approved 2021-02-17; registry 2021-03-01; journal 2021 129674
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVISORS MOE AS. Revenue 1 017 NOK → 1 853 NOK (+82.2%). Equity 8.49m NOK → 404.9k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
1 017 NOK
1 853 NOK
+82.2%
Operating result
n/m
+447.4k NOK
—
Net result
n/m
+347.2k NOK
—
Equity
8.49m NOK
404.9k NOK
-95.2%
Cash
1 077 NOK
930.3k NOK
+86282.7%
Total assets
1.08m NOK
1.21m NOK
+12.7%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1 017 NOK to 1 853 NOK (+82.2% YoY). Calculated
-
↑
Cash rose
Bank deposits 1 077 NOK → 930.3k NOK (+86282.7% YoY). Calculated
-
↑
Payroll decreased
Salary cost 6.32m NOK → 5 NOK (621086% → 0% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 8.49m NOK → 404.9k NOK (equity ratio 788.0% → 33.3%). Calculated