Org.nr 985 393 338 2008 → 2009 Year-over-year analysis

ADVANCE INVEST & CONSULTING AS: årsregnskap 2009 vs 2008

Stronger earnings

approved 2010-05-07; registry 2010-06-08; journal 2010 409480

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADVANCE INVEST & CONSULTING AS. Revenue 0 NOK → 7 576 NOK. Net result +49.2k NOK → +211.4k NOK. Equity 906.1k NOK → 1 117 NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVANCE INVEST & CONSULTING AS.

Scorecard

Revenue
0 NOK 7 576 NOK
—
Operating result
-16.0k NOK -14.1k NOK
+12.4%
Net result
+49.2k NOK +211.4k NOK
+329.2%
Equity
906.1k NOK 1 117 NOK
-99.9%
Total assets
3.55m NOK 125.5k NOK
-96.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 7 576 NOK. Calculated

  • ↑

    Operating result improved

    Operating result -16.0k NOK → -14.1k NOK. Calculated

  • ↑

    Net result improved

    Net result +49.2k NOK → +211.4k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 906.1k NOK → 1 117 NOK (equity ratio 25.6% → 0.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation