Org.nr 980 068 714 2008 → 2009 Year-over-year analysis

ADVICE MANAGEMENT CONSULTING AS: årsregnskap 2009 vs 2008

Shrank 69% on revenue

approved 2010-06-21; registry 2010-09-04; journal 2010 697958

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADVICE MANAGEMENT CONSULTING AS. Revenue 2.42m NOK → 756.5k NOK (-68.8%). Equity 563.2k NOK → 353.3k NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

2.42m NOK 756.5k NOK

-68.8%

Operating result

+458.7k NOK +64.2k NOK

-86.0%

Net result

+332.0k NOK n/m

—

Equity

563.2k NOK 353.3k NOK

-37.3%

Cash

259.2k NOK 377.2k NOK

+45.6%

Total assets

2.54m NOK 1.26m NOK

-50.3%

↓
Revenue fell

Operating income / revenue moved from 2.42m NOK to 756.5k NOK (-68.8% YoY). Calculated
↓
Operating result weakened

Operating result +458.7k NOK → +64.2k NOK (op. margin 18.9% → 8.5%). Calculated
↓
Equity eroded

Book equity 563.2k NOK → 353.3k NOK (equity ratio 22.2% → 28.0%). Calculated
↓
Payroll up without matching revenue

Salary cost 1.35m NOK → 2.26m NOK (56% → 299% of revenue). Calculated

·
Book investments changed

Investment / intangible book value 586.4k NOK → 653.7k NOK. Reported fact