Org.nr 979 515 715 2006 → 2007 Year-over-year analysis

ADVENT NORWAY AS: årsregnskap 2007 vs 2006

Grew 14% on revenue, fresh owner capital

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2007 with 2006 for ADVENT NORWAY AS. Revenue 9.99m NOK → 11.41m NOK (+14.1%). Equity -6.59m NOK → -10.08m NOK.

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

Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVENT NORWAY AS.

Scorecard

Revenue
9.99m NOK 11.41m NOK
+14.1%
Equity
-6.59m NOK -10.08m NOK
-52.9%
Cash
6.06m NOK 9.68m NOK
+59.7%
Total assets
n/m 14.86m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.99m NOK to 11.41m NOK (+14.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 6.06m NOK → 9.68m NOK (+59.7% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 200.3k NOK → 1.20m NOK (+1.00m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity -6.59m NOK → -10.08m NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -67.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2 NOK → 4.48m NOK (0% → 39% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 1.39m NOK → -728.2k NOK (-152.2% YoY). Calculated