4GNS TELECOM AS: årsregnskap 2009 vs 2008
Shrank 87% on revenue, cash halved-plus, fresh owner capital
approved 2010-06-30; registry 2010-09-01; journal 2010 675031
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for 4GNS TELECOM AS. Revenue 3.92m NOK → 510.9k NOK (-87.0%). Equity -17.6k NOK → 74.2k NOK.
On the constructive side: operating result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4GNS TELECOM AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -109.7k NOK → +64.6k NOK (op. margin -2.8% → 12.6%). Calculated
-
↑
Equity strengthened
Book equity -17.6k NOK → 74.2k NOK (equity ratio -3.3% → 89.9%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.97× → 9.89×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 104 NOK → 104.0k NOK (+103.9k NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.92m NOK to 510.9k NOK (-87.0% YoY). Calculated
-
↓
Cash fell
Bank deposits 152.2k NOK → 1 960 NOK (-98.7% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 3 304 NOK → 1.36m NOK (0% → 266% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 265.0k NOK → 35.8k NOK (-86.5% YoY). Calculated