ADVESTOR AS: årsregnskap 2009 vs 2008
Shrank 47% on revenue
approved 2010-05-21; registry 2010-08-28; journal 2010 652795
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADVESTOR AS. Revenue 475.8k NOK → 251.0k NOK (-47.2%). Net result +2 008 NOK → +2 009 NOK. Equity 1.47m NOK → 1.67m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVESTOR AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 1.47m NOK → 1.67m NOK (equity ratio 68.2% → 72.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 475.8k NOK to 251.0k NOK (-47.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +239.3k NOK → +15.2k NOK (op. margin 50.3% → 6.1%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 137.5k NOK → 5.14m NOK (29% → 2047% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 546.5k NOK → 591.6k NOK. Reported fact