Org.nr 992 009 241 2008 → 2009 Year-over-year analysis

ADVANIA NORGE AS: årsregnskap 2009 vs 2008

Grew 833796% on revenue

approved 2010-01-18; registry 2010-01-20

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADVANIA NORGE AS. Revenue 5 145 NOK → 42.90m NOK (+833795.9%). Equity 1.04m NOK → 2.49m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVANIA NORGE AS.

Scorecard

Revenue
5 145 NOK 42.90m NOK
+833795.9%
Operating result
n/m +3.22m NOK
—
Net result
n/m +2.35m NOK
—
Equity
1.04m NOK 2.49m NOK
+140.2%
Cash
1.61m NOK 4.69m NOK
+191.1%
Total assets
2.76m NOK 9.31m NOK
+237.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5 145 NOK to 42.90m NOK (+833795.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.04m NOK → 2.49m NOK (equity ratio 37.6% → 26.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.61m NOK → 4.69m NOK (+191.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 14.5k NOK → 1.25m NOK (281% → 3% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4 503 NOK → 37.84m NOK (+840309.5% YoY). Calculated