FirmaIQ
Org.nr 992 009 241 2010 → 2011 Year-over-year analysis

ADVANIA NORGE AS: årsregnskap 2011 vs 2010

Grew 32% on revenue, stronger earnings

approved 2012-02-24; registry 2012-03-14; journal 2012 314289

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVANIA NORGE AS. Revenue 66.56m NOK → 87.58m NOK (+31.6%). Net result +5.20m NOK → +8.44m NOK. Equity 4.24m NOK → 7.05m 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
66.56m NOK 87.58m NOK
+31.6%
Operating result
+7.04m NOK +11.41m NOK
+62.1%
Net result
+5.20m NOK +8.44m NOK
+62.2%
Equity
4.24m NOK 7.05m NOK
+66.3%
Cash
11.63m NOK 13.62m NOK
+17.1%
Total assets
20.81m NOK 25.98m NOK
+24.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 66.56m NOK to 87.58m NOK (+31.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +7.04m NOK → +11.41m NOK (op. margin 10.6% → 13.0%). Calculated

  • ↑

    Net result improved

    Net result +5.20m NOK → +8.44m NOK (net margin 7.8% → 9.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.24m NOK → 7.05m NOK (equity ratio 20.4% → 27.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 11.63m NOK → 13.62m NOK (+17.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 56.90m NOK → 70.91m NOK (+24.6% YoY). Calculated