FirmaIQ
Org.nr 992 009 241 2009 → 2010 Year-over-year analysis

ADVANIA NORGE AS: årsregnskap 2010 vs 2009

Grew 55% on revenue, stronger earnings

approved 2011-02-28; registry 2011-03-15; journal 2011 312860

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADVANIA NORGE AS. Revenue 42.90m NOK → 66.56m NOK (+55.1%). Net result +2.35m NOK → +5.20m NOK. Equity 2.49m NOK → 4.24m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
42.90m NOK 66.56m NOK
+55.1%
Operating result
+3.22m NOK +7.04m NOK
+118.5%
Net result
+2.35m NOK +5.20m NOK
+121.2%
Equity
2.49m NOK 4.24m NOK
+70.4%
Cash
4.69m NOK 11.63m NOK
+148.1%
Total assets
9.31m NOK 20.81m NOK
+123.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 42.90m NOK to 66.56m NOK (+55.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.22m NOK → +7.04m NOK (op. margin 7.5% → 10.6%). Calculated

  • ↑

    Net result improved

    Net result +2.35m NOK → +5.20m NOK (net margin 5.5% → 7.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.49m NOK → 4.24m NOK (equity ratio 26.7% → 20.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.69m NOK → 11.63m NOK (+148.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 37.84m NOK → 56.90m NOK (+50.4% YoY). Calculated