ADVANCE BUSINESS PARTNER AS: årsregnskap 2010 vs 2009
Shrank 11% on revenue, stronger earnings
approved 2011-04-05; registry 2011-06-11; journal 2011 398695
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADVANCE BUSINESS PARTNER AS. Revenue 13.76m NOK → 12.28m NOK (-10.8%). Net result +17.5k NOK → +104.4k NOK. Equity 577 NOK → 646.4k NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue 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
Scorecard
What improved
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↑
Net result improved
Net result +17.5k NOK → +104.4k NOK (net margin 0.1% → 0.8%). Calculated
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↑
Equity strengthened
Book equity 577 NOK → 646.4k NOK (equity ratio 0.0% → 17.6%). Calculated
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↑
Cash rose
Bank deposits 474.2k NOK → 582.7k NOK (+22.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 13.76m NOK to 12.28m NOK (-10.8% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 247.1k NOK → 212.1k NOK — check capital reduction, conversion, or reclassification. Interpretation