FirmaIQ
Org.nr 979 515 715 2007 → 2008 Year-over-year analysis

ADVENT NORWAY AS: årsregnskap 2008 vs 2007

Grew 18% on revenue

approved 2009-06-29; registry 2009-08-06

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ADVENT NORWAY AS. Revenue 11.41m NOK → 13.47m NOK (+18.1%). Equity -10.08m NOK → 11.63m NOK.

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

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

At a glance

Scorecard

Revenue
11.41m NOK 13.47m NOK
+18.1%
Equity
-10.08m NOK 11.63m NOK
+215.3%
Cash
9.68m NOK 8.74m NOK
-9.7%
Total assets
14.86m NOK 15.39m NOK
+3.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.41m NOK to 13.47m NOK (+18.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -10.08m NOK → 11.63m NOK (equity ratio -67.9% → 75.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 9.68m NOK → 8.74m NOK (-9.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.48m NOK → 7.75m NOK (39% → 58% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad -728.2k NOK → 776.9k NOK (+206.7% YoY). Calculated