Org.nr 938 113 033 2010 → 2011 Year-over-year analysis

ADVICE REKLAMEBYRÅ AS: årsregnskap 2011 vs 2010

Shrank 38% on revenue, cash halved-plus

approved 2012-02-02; registry 2012-04-12; journal 2012 332195

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for ADVICE REKLAMEBYRÅ AS. Revenue 461.2k NOK → 284.3k NOK (-38.4%). Equity -30.9k NOK → -33.5k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVICE REKLAMEBYRÅ AS.

At a glance

Revenue

461.2k NOK 284.3k NOK

-38.4%

Net result

+110.8k NOK n/m

—

Equity

-30.9k NOK -33.5k NOK

-8.2%

Cash

5 926 NOK 85 NOK

-98.6%

Total assets

164.6k NOK 34.0k NOK

-79.3%

↓
Revenue fell

Operating income / revenue moved from 461.2k NOK to 284.3k NOK (-38.4% YoY). Calculated
↓
Equity eroded

Book equity -30.9k NOK → -33.5k NOK (equity ratio -18.8% → -98.5%). Calculated
↓
Cash fell

Bank deposits 5 926 NOK → 85 NOK (-98.6% YoY). Calculated
↓
COGS moved

COGS / varekostnad 111.2k NOK → 145.7k NOK (+31.0% YoY). Calculated

·
Thin equity buffer

Equity ratio is -98.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation