1-2-TRE AS: årsregnskap 2009 vs 2008
Grew 1410% on revenue
approved 2010-05-18; registry 2010-07-13; journal 2010 495551
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for 1-2-TRE AS. Revenue 40.9k NOK → 618.0k NOK (+1409.7%). Equity 259.2k NOK → 238.1k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 1-2-TRE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 40.9k NOK to 618.0k NOK (+1409.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +368.3k NOK → -12.6k NOK (op. margin 899.8% → -2.0%). Calculated
-
↓
Equity eroded
Book equity 259.2k NOK → 238.1k NOK (equity ratio 49.2% → 53.0%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.77× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 105.5k NOK → 131.2k NOK (258% → 21% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 404.9k NOK → 189.3k NOK (-53.3% YoY). Calculated