Org.nr 984 808 445 2009 → 2010 Year-over-year analysis

ADVACO AS: årsregnskap 2010 vs 2009

Returned to profit

approved 2011-05-04; registry 2011-06-15; journal 2011 406768

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ADVACO AS. Revenue 0 NOK → 57.4k NOK. Net result -3.13m NOK → +54.2k NOK. Equity 8.78m NOK → 8.83m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.

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

Scorecard

Revenue
0 NOK 57.4k NOK
—
Net result
-3.13m NOK +54.2k NOK
+101.7%
Equity
8.78m NOK 8.83m NOK
+0.6%
Cash
4.23m NOK 4.01m NOK
-5.3%
Total assets
9.22m NOK 9.22m NOK
-0.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 57.4k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 3.13m NOK to a profit of 54.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 8.78m NOK → 8.83m NOK (equity ratio 95.2% → 95.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4.23m NOK → 4.01m NOK (-5.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.32m NOK → 3.36m NOK. Reported fact