2M-INVEST AS: årsregnskap 2009 vs 2008
Shrank 75% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for 2M-INVEST AS. Revenue 1.64m NOK → 411.8k NOK (-74.9%). Net result -384.9k NOK → +739.4k NOK.
On the constructive side: turned profitable; payroll decreased. Pressures included: revenue fell; operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2M-INVEST AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 384.9k NOK to a profit of 739.4k NOK. Calculated
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↑
Payroll decreased
Salary cost 2.22m NOK → 2 009 NOK (135% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.64m NOK to 411.8k NOK (-74.9% YoY). Calculated
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↓
Operating result weakened
Operating result +1.18m NOK → -382.3k NOK (op. margin 72.1% → -92.8%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4 NOK → 4.26m NOK. Reported fact