ADVICE MANAGEMENT CONSULTING AS: årsregnskap 2011 vs 2010
Shrank 59% on revenue
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ADVICE MANAGEMENT CONSULTING AS. Revenue 952.2k NOK → 389.1k NOK (-59.1%). Net result +20.4k NOK → +14.0k NOK. Equity 373.7k NOK → 387.7k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVICE MANAGEMENT CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 373.7k NOK → 387.7k NOK. Calculated
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↑
Cash rose
Bank deposits 157.9k NOK → 195.0k NOK (+23.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 952.2k NOK to 389.1k NOK (-59.1% YoY). Calculated
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↓
Operating result weakened
Operating result +22.7k NOK → +15.6k NOK (op. margin 2.4% → 4.0%). Calculated
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↓
Net result weakened
Net result +20.4k NOK → +14.0k NOK (net margin 2.1% → 3.6%). Calculated
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↓
Payroll up without matching revenue
Salary cost 677.7k NOK → 711.8k NOK (71% → 183% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 692.6k NOK → 805.1k NOK. Reported fact