FirmaIQ
Org.nr 990 012 237 2007 → 2008 Year-over-year analysis

10COM AS: årsregnskap 2008 vs 2007

Grew 49% on revenue, stronger earnings

approved 2009-06-30; registry 2009-08-25

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for 10COM AS. Revenue 3.42m NOK → 5.09m NOK (+48.9%). Net result +396.5k NOK → +649.7k NOK. Equity 383.6k NOK → 633.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 10COM AS.

At a glance

Scorecard

Revenue
3.42m NOK 5.09m NOK
+48.9%
Operating result
+559.8k NOK +898.3k NOK
+60.5%
Net result
+396.5k NOK +649.7k NOK
+63.8%
Equity
383.6k NOK 633.2k NOK
+65.1%
Cash
950.8k NOK 769.1k NOK
-19.1%
Total assets
758.3k NOK 2.26m NOK
+198.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.42m NOK to 5.09m NOK (+48.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +559.8k NOK → +898.3k NOK (op. margin 16.4% → 17.6%). Calculated

  • ↑

    Net result improved

    Net result +396.5k NOK → +649.7k NOK (net margin 11.6% → 12.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 383.6k NOK → 633.2k NOK (equity ratio 50.6% → 28.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 950.8k NOK → 769.1k NOK (-19.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.09m NOK → 3.12m NOK (61% → 61% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 445.2k NOK → 684.9k NOK (+53.8% YoY). Calculated