Org.nr 976 813 332 2008 → 2009 Year-over-year analysis

24/7 EKSPRESS AS: årsregnskap 2009 vs 2008

Grew 27% on revenue

approved 2010-06-30; registry 2010-09-02; journal 2010 683700

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for 24/7 EKSPRESS AS. Revenue 5.03m NOK → 6.41m NOK (+27.3%). Equity 954.3k NOK → 1.31m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 24/7 EKSPRESS AS.

At a glance

Revenue

5.03m NOK 6.41m NOK

+27.3%

Operating result

+224.5k NOK +983.6k NOK

+338.2%

Net result

n/m +700.7k NOK

—

Equity

954.3k NOK 1.31m NOK

+36.8%

Total assets

1.44m NOK 2.76m NOK

+91.5%

↑
Revenue rose

Operating income / revenue moved from 5.03m NOK to 6.41m NOK (+27.3% YoY). Calculated
↑
Operating result improved

Operating result +224.5k NOK → +983.6k NOK (op. margin 4.5% → 15.3%). Calculated
↑
Equity strengthened

Book equity 954.3k NOK → 1.31m NOK (equity ratio 66.1% → 47.2%). Calculated

·
Payroll increased

Salary cost 417.1k NOK → 887.9k NOK (8% → 14% of revenue). Calculated
·
COGS fell

COGS / varekostnad 1.78m NOK → 455.3k NOK (-74.4% YoY). Calculated