Org.nr 975 256 677 2017 → 2018 Year-over-year analysis

ADVISUM AS: årsregnskap 2018 vs 2017

Shrank 19% on revenue

approved 2019-06-30; registry 2019-07-09; journal 2019 654413

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ADVISUM AS. Revenue 2.74m NOK → 2.23m NOK (-18.6%).

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

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

At a glance

Revenue

2.74m NOK 2.23m NOK

-18.6%

Cash

92.3k NOK 5.38m NOK

+5734.2%

Total assets

14.71m NOK 15.41m NOK

+4.8%

↑
Cash rose

Bank deposits 92.3k NOK → 5.38m NOK (+5734.2% YoY). Calculated
↑
Payroll decreased

Salary cost 3.87m NOK → 188.7k NOK (141% → 8% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.74m NOK to 2.23m NOK (-18.6% YoY). Calculated

·
COGS fell

COGS / varekostnad 39.0k NOK → 374 NOK (-99.0% YoY). Calculated
·
Book investments changed

Investment / intangible book value 719.6k NOK → 795.2k NOK. Reported fact