Org.nr 979 323 794 2007 → 2008 Year-over-year analysis

ADVANCE BUSINESS PARTNER AS: årsregnskap 2008 vs 2007

Grew 859% on revenue

approved 2009-05-07; registry 2009-08-06

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADVANCE BUSINESS PARTNER AS. Revenue 947.8k NOK → 9.09m NOK (+859.0%). Equity 773.1k NOK → 485.7k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVANCE BUSINESS PARTNER AS.

At a glance

Revenue

947.8k NOK 9.09m NOK

+859.0%

Equity

773.1k NOK 485.7k NOK

-37.2%

Cash

644.5k NOK 586.1k NOK

-9.1%

Total assets

2.09m NOK 4.18m NOK

+100.1%

↑
Revenue rose

Operating income / revenue moved from 947.8k NOK to 9.09m NOK (+859.0% YoY). Calculated

↓
Equity eroded

Book equity 773.1k NOK → 485.7k NOK (equity ratio 37.0% → 11.6%). Calculated
↓
Cash fell

Bank deposits 644.5k NOK → 586.1k NOK (-9.1% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 208.3k NOK → 173.3k NOK — check capital reduction, conversion, or reclassification. Interpretation