ADVICE HUMAN RESOURCES AS: årsregnskap 2010 vs 2009
Grew 73% on revenue, slipped into loss
approved 2011-08-30; registry 2011-09-09; journal 2011 726833
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ADVICE HUMAN RESOURCES AS. Revenue 2.81m NOK → 4.85m NOK (+72.7%). Net result +75.0k NOK → -289.8k NOK. Equity 55.0k NOK → -234.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVICE HUMAN RESOURCES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.81m NOK to 4.85m NOK (+72.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +75.4k NOK → -285.9k NOK (op. margin 2.7% → -5.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 75.0k NOK profit to a loss of 289.8k NOK. Calculated
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↓
Equity eroded
Book equity 55.0k NOK → -234.8k NOK (equity ratio 5.8% → -29.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -29.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation