24 FRAMES PER SECOND AS: årsregnskap 2009 vs 2008
Shrank 9% on revenue, stronger earnings
approved 2010-06-01; registry 2010-08-18; journal 2010 597717
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for 24 FRAMES PER SECOND AS. Revenue 990.3k NOK → 898.7k NOK (-9.2%). Net result +4 569 NOK → +134.6k NOK. Equity 244.4k NOK → 279.0k NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 24 FRAMES PER SECOND AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +4 569 NOK → +134.6k NOK (net margin 0.5% → 15.0%). Calculated
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Equity strengthened
Book equity 244.4k NOK → 279.0k NOK (equity ratio 36.6% → 28.0%). Calculated
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Cash rose
Bank deposits 368.2k NOK → 692.6k NOK (+88.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 990.3k NOK to 898.7k NOK (-9.2% YoY). Calculated
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↓
Operating result weakened
Operating result +206.3k NOK → +130.8k NOK (op. margin 20.8% → 14.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.06× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 187.2k NOK → 221.7k NOK. Reported fact