FirmaIQ
Org.nr 987 150 297 2019 → 2020 Year-over-year analysis

ADVISTA AS: årsregnskap 2020 vs 2019

Grew 17% on revenue, returned to profit

approved 2021-04-09; registry 2021-09-09; journal 2021 686414

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVISTA AS. Revenue 2.35m NOK → 2.75m NOK (+17.0%). Net result -508.6k NOK → +10.70m NOK. Equity 5.63m NOK → 7.93m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.35m NOK 2.75m NOK
+17.0%
Operating result
+2.37m NOK +5.04m NOK
+112.9%
Net result
-508.6k NOK +10.70m NOK
+2204.0%
Equity
5.63m NOK 7.93m NOK
+40.9%
Cash
711.0k NOK 1.93m NOK
+171.5%
Total assets
11.44m NOK 15.79m NOK
+38.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.35m NOK to 2.75m NOK (+17.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.37m NOK → +5.04m NOK (op. margin 100.7% → 183.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 508.6k NOK to a profit of 10.70m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 5.63m NOK → 7.93m NOK (equity ratio 49.2% → 50.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 711.0k NOK → 1.93m NOK (+171.5% YoY). Calculated