ADVISUM AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-06-30; registry 2020-07-21; journal 2020 593996
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVISUM AS. Revenue 2.23m NOK → 2.23m NOK (+0.0%).
On the constructive side: revenue rose. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ADVISUM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.23m NOK to 2.23m NOK (+0.0% YoY). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 5.38m NOK → 84.1k NOK (-98.4% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 5.58× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (5.38m NOK → 84.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Payroll increased
Salary cost 188.7k NOK → 672.6k NOK (8% → 30% of revenue). Calculated