10X CAPITAL AS: årsregnskap 2009 vs 2008
Grew 124380% on revenue
approved 2010-06-01; registry 2010-07-01; journal 2010 474722
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for 10X CAPITAL AS. Revenue 647.1k NOK → 805.45m NOK (+124380.4%). Equity -543 NOK → 46.0k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 10X CAPITAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 647.1k NOK to 805.45m NOK (+124380.4% YoY). Calculated
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↑
Equity strengthened
Book equity -543 NOK → 46.0k NOK (equity ratio -0.6% → 25.2%). Calculated
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↑
Cash rose
Bank deposits 89.3k NOK → 182.4k NOK (+104.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.99× → 1.34×. Calculated
Things to notice
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·
Payroll increased
Salary cost 309.0k NOK → 432.4k NOK (48% → 0% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 59.8k NOK → 35.2k NOK (-41.1% YoY). Calculated