FirmaIQ
Org.nr 975 256 677 2016 → 2017 Year-over-year analysis

ADVISUM AS: årsregnskap 2017 vs 2016

Grew 11% on revenue, cash halved-plus

approved 2018-06-30; registry 2018-07-09; journal 2018 649410

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ADVISUM AS. Revenue 2.48m NOK → 2.74m NOK (+10.5%).

On the constructive side: revenue rose; current ratio back above 1×. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVISUM AS.

At a glance

Scorecard

Revenue
2.48m NOK 2.74m NOK
+10.5%
Equity
5.00m NOK n/m
—
Cash
231.2k NOK 92.3k NOK
-60.1%
Total assets
13.00m NOK 14.71m NOK
+13.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.48m NOK to 2.74m NOK (+10.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.95× → 4.27×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 231.2k NOK → 92.3k NOK (-60.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.09m NOK → 3.87m NOK (44% → 141% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 39 NOK → 39.0k NOK (+99938.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 939.5k NOK → 719.6k NOK. Reported fact