3RIV AS: årsregnskap 2009 vs 2008
Grew 630% on revenue, returned to profit
approved 2010-08-25; registry 2010-08-31; journal 2010 670497
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for 3RIV AS. Revenue 14.9k NOK → 108.5k NOK (+630.4%). Net result -164.9k NOK → +24.8k NOK. Equity 694.1k NOK → 672.4k NOK.
On the constructive side: revenue rose; turned profitable; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 3RIV AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 14.9k NOK to 108.5k NOK (+630.4% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 164.9k NOK to a profit of 24.8k NOK. Calculated
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↑
Cash rose
Bank deposits 33 NOK → 27.4k NOK (+82930.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 694.1k NOK → 672.4k NOK (equity ratio 73.6% → 386.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 685 NOK → 9 168 NOK (5% → 8% of revenue). Calculated