Org.nr 988 072 095 2007 → 2008 Year-over-year analysis

ADVESTOR AS: årsregnskap 2008 vs 2007

Shrank 72% on revenue, returned to profit

approved 2009-04-21; registry 2009-09-12

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ADVESTOR AS. Revenue 1.73m NOK → 475.8k NOK (-72.5%). Net result -54.8k NOK → +2 008 NOK. Equity 1.76m NOK → 1.47m NOK.

On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVESTOR AS.

Scorecard

Revenue
1.73m NOK 475.8k NOK
-72.5%
Operating result
+183.3k NOK +239.3k NOK
+30.5%
Net result
-54.8k NOK +2 008 NOK
+103.7%
Equity
1.76m NOK 1.47m NOK
-16.5%
Total assets
2.40m NOK 2.15m NOK
-10.6%

What improved

  • ↑

    Operating result improved

    Operating result +183.3k NOK → +239.3k NOK (op. margin 10.6% → 50.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 54.8k NOK to a profit of 2 008 NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.73m NOK to 475.8k NOK (-72.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.76m NOK → 1.47m NOK (equity ratio 73.0% → 68.2%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 738.2k NOK → 546.5k NOK. Reported fact