Org.nr 987 150 297 2017 → 2018 Year-over-year analysis

ADVISTA AS: årsregnskap 2018 vs 2017

Grew 9% on revenue, cash halved-plus

approved 2019-06-25; registry 2020-01-04; journal 2020 200003

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVISTA AS. Revenue 2.15m NOK → 2.35m NOK (+9.2%). Equity 11.24m NOK → 10.84m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVISTA AS.

At a glance

Revenue

2.15m NOK 2.35m NOK

+9.2%

Net result

n/m -404.4k NOK

—

Equity

11.24m NOK 10.84m NOK

-3.6%

Cash

511.6k NOK 774 NOK

-99.8%

Total assets

23.10m NOK 15.20m NOK

-34.2%

↑
Revenue rose

Operating income / revenue moved from 2.15m NOK to 2.35m NOK (+9.2% YoY). Calculated
↑
Payroll decreased

Salary cost 2.87m NOK → 869.0k NOK (133% → 37% of revenue). Calculated

↓
Equity eroded

Book equity 11.24m NOK → 10.84m NOK (equity ratio 48.7% → 71.3%). Calculated
↓
Cash fell

Bank deposits 511.6k NOK → 774 NOK (-99.8% YoY). Calculated

·
Book investments changed

Investment / intangible book value 7 NOK → 1.84m NOK. Reported fact