FirmaIQ
Org.nr 987 150 297 2018 → 2019 Year-over-year analysis

ADVISTA AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-05-28; registry 2020-06-17; journal 2020 437535

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVISTA AS. Revenue 2.35m NOK → 2.35m NOK (0.0%). Net result -404.4k NOK → -508.6k NOK. Equity 10.84m NOK → 5.63m NOK.

On the constructive side: cash rose. Pressures included: net result weakened; equity eroded; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
2.35m NOK 2.35m NOK
0.0%
Operating result
n/m +2.37m NOK
—
Net result
-404.4k NOK -508.6k NOK
-25.8%
Equity
10.84m NOK 5.63m NOK
-48.1%
Cash
774 NOK 711.0k NOK
+91759.3%
Total assets
15.20m NOK 11.44m NOK
-24.7%

What improved

  • ↑

    Cash rose

    Bank deposits 774 NOK → 711.0k NOK (+91759.3% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -404.4k NOK → -508.6k NOK (net margin -17.2% → -21.6%). Calculated

  • ↓

    Equity eroded

    Book equity 10.84m NOK → 5.63m NOK (equity ratio 71.3% → 49.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 869.0k NOK → 890.2k NOK (37% → 38% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.84m NOK → 2.40m NOK. Reported fact