FirmaIQ
Org.nr 819 882 932 2017 → 2018 Year-over-year analysis

ADVISORWEST AS: årsregnskap 2018 vs 2017

Grew 287% on revenue, weaker earnings

approved 2019-06-26; registry 2019-07-30; journal 2019 819464

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVISORWEST AS. Revenue 105.8k NOK → 409.4k NOK (+287.0%). Net result +40.8k NOK → +13.6k NOK. Equity 65.3k NOK → 78.9k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
105.8k NOK 409.4k NOK
+287.0%
Operating result
+52.0k NOK +18.4k NOK
-64.6%
Net result
+40.8k NOK +13.6k NOK
-66.7%
Equity
65.3k NOK 78.9k NOK
+20.8%
Cash
39.2k NOK 95.2k NOK
+142.8%
Total assets
140.5k NOK 294.8k NOK
+109.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 105.8k NOK to 409.4k NOK (+287.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 65.3k NOK → 78.9k NOK (equity ratio 46.5% → 26.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 39.2k NOK → 95.2k NOK (+142.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +52.0k NOK → +18.4k NOK (op. margin 49.1% → 4.5%). Calculated

  • ↓

    Net result weakened

    Net result +40.8k NOK → +13.6k NOK (net margin 38.6% → 3.3%). Calculated