Org.nr 984 808 445 2010 → 2011 Year-over-year analysis

ADVACO AS: årsregnskap 2011 vs 2010

Shrank 100% on revenue, slipped into loss

approved 2012-05-02; registry 2012-05-21; journal 2012 381801

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ADVACO AS. Revenue 57.4k NOK → 0 NOK (-100.0%). Net result +54.2k NOK → -459.7k NOK. Equity 8.83m NOK → 8.37m NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

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

Scorecard

Revenue
57.4k NOK 0 NOK
-100.0%
Net result
+54.2k NOK -459.7k NOK
-947.6%
Equity
8.83m NOK 8.37m NOK
-5.2%
Cash
4.01m NOK 3.94m NOK
-1.7%
Total assets
9.22m NOK 8.75m NOK
-5.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 57.4k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 54.2k NOK profit to a loss of 459.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 8.83m NOK → 8.37m NOK (equity ratio 95.8% → 95.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.01m NOK → 3.94m NOK (-1.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.36m NOK → 3.48m NOK. Reported fact