FirmaIQ
Org.nr 979 515 715 2009 → 2010 Year-over-year analysis

ADVENT NORWAY AS: årsregnskap 2010 vs 2009

Grew 63% on revenue, cash halved-plus, fresh owner capital

approved 2011-06-15; registry 2011-06-20; journal 2011 423959

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ADVENT NORWAY AS. Revenue 13.34m NOK → 21.80m NOK (+63.5%). Equity 12.73m NOK → 24.51m NOK.

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

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

At a glance

Scorecard

Revenue
13.34m NOK 21.80m NOK
+63.5%
Operating result
n/m -2.63m NOK
—
Net result
n/m -3.22m NOK
—
Equity
12.73m NOK 24.51m NOK
+92.6%
Cash
6.91m NOK 3.04m NOK
-56.1%
Total assets
16.32m NOK 29.66m NOK
+81.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.34m NOK to 21.80m NOK (+63.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 12.73m NOK → 24.51m NOK (equity ratio 78.0% → 82.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.20m NOK → 16.20m NOK (+15.00m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 6.91m NOK → 3.04m NOK (-56.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7.88m NOK → 13.99m NOK (59% → 64% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 822.1k NOK → 822 NOK (-99.9% YoY). Calculated