Org.nr 992 342 609 2008 → 2009 Year-over-year analysis

ADVICE HUMAN RESOURCES AS: årsregnskap 2009 vs 2008

Grew 49604% on revenue, returned to profit

approved 2010-06-03; registry 2010-08-21; journal 2010 605436

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ADVICE HUMAN RESOURCES AS. Revenue 5 647 NOK → 2.81m NOK (+49604.1%). Net result -129.0k NOK → +75.0k NOK. Equity -20.0k NOK → 55.0k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVICE HUMAN RESOURCES AS.

Scorecard

Revenue
5 647 NOK 2.81m NOK
+49604.1%
Operating result
-130.2k NOK +75.4k NOK
+157.9%
Net result
-129.0k NOK +75.0k NOK
+158.1%
Equity
-20.0k NOK 55.0k NOK
+374.8%
Total assets
98.3k NOK 955.8k NOK
+871.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5 647 NOK to 2.81m NOK (+49604.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -130.2k NOK → +75.4k NOK (op. margin -2305.8% → 2.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 129.0k NOK to a profit of 75.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -20.0k NOK → 55.0k NOK (equity ratio -20.4% → 5.8%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.83× → 1.06×. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 109.0k NOK → 102.0k NOK — check capital reduction, conversion, or reclassification. Interpretation