Org.nr 979 323 794 2010 → 2011 Year-over-year analysis

ADVANCE BUSINESS PARTNER AS: årsregnskap 2011 vs 2010

Grew 13% on revenue

approved 2012-04-03; registry 2012-05-05; journal 2012 360641

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ADVANCE BUSINESS PARTNER AS. Revenue 12.28m NOK → 13.93m NOK (+13.4%). Equity 646.4k NOK → 749.0k NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVANCE BUSINESS PARTNER AS.

Scorecard

Revenue
12.28m NOK 13.93m NOK
+13.4%
Net result
+104.4k NOK n/m
—
Equity
646.4k NOK 749.0k NOK
+15.9%
Cash
582.7k NOK 489.4k NOK
-16.0%
Total assets
3.68m NOK 2.94m NOK
-20.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.28m NOK to 13.93m NOK (+13.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 646.4k NOK → 749.0k NOK (equity ratio 17.6% → 25.5%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 212.1k NOK → 247.1k NOK (+35.0k NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 582.7k NOK → 489.4k NOK (-16.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 286.7k NOK → 319.3k NOK (2% → 2% of revenue). Calculated