ADVICIA AS: årsregnskap 2009 vs 2008
Shrank 94% on revenue
approved 2010-03-05; registry 2010-03-16
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADVICIA AS. Revenue 700.2k NOK → 43.5k NOK (-93.8%). Equity 205.4k NOK → 224.7k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADVICIA AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 205.4k NOK → 224.7k NOK (equity ratio 30.0% → 166.7%). Calculated
-
↑
Cash rose
Bank deposits 402.3k NOK → 471.8k NOK (+17.3% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 700.2k NOK to 43.5k NOK (-93.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.16× → 0.11× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 810 NOK → 1.09m NOK (0% → 2503% of revenue). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 497.6k NOK → 205.4k NOK — check capital reduction, conversion, or reclassification. Interpretation