3 TS INDUSTRISERVICE AS: årsregnskap 2009 vs 2008
Shrank 15% on revenue
approved 2010-05-03; registry 2010-09-07; journal 2010 718670
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for 3 TS INDUSTRISERVICE AS. Revenue 14.59m NOK → 12.41m NOK (-14.9%). Equity 6.91m NOK → 834.9k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +725.5k NOK → +3.43m NOK (op. margin 5.0% → 27.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 14.59m NOK to 12.41m NOK (-14.9% YoY). Calculated
-
↓
Equity eroded
Book equity 6.91m NOK → 834.9k NOK (equity ratio 105.9% → 14.0%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.16× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 5.23m NOK → 5.45m NOK (36% → 44% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 883.4k NOK → 1.26m NOK (+42.9% YoY). Calculated