FirmaIQ
Org.nr 979 515 715 2008 → 2009 Year-over-year analysis

ADVENT NORWAY AS: årsregnskap 2009 vs 2008

Mixed movements in the accounts

approved 2010-06-30; registry 2010-09-11; journal 2010 744445

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADVENT NORWAY AS. Revenue 13.47m NOK → 13.34m NOK (-1.0%). Equity 11.63m NOK → 12.73m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
13.47m NOK 13.34m NOK
-1.0%
Equity
11.63m NOK 12.73m NOK
+9.5%
Cash
8.74m NOK 6.91m NOK
-20.9%
Total assets
15.39m NOK 16.32m NOK
+6.0%

What improved

  • ↑

    Equity strengthened

    Book equity 11.63m NOK → 12.73m NOK (equity ratio 75.6% → 78.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 13.47m NOK to 13.34m NOK (-1.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 8.74m NOK → 6.91m NOK (-20.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 7.75m NOK → 7.88m NOK (58% → 59% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 776.9k NOK → 822.1k NOK (+5.8% YoY). Calculated