Org.nr 989 228 811 2009 → 2010 Year-over-year analysis

88 HOLDING AS: årsregnskap 2010 vs 2009

Grew 99% on revenue

approved 2011-06-30; registry 2011-07-06; journal 2011 475487

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for 88 HOLDING AS. Revenue 382.8k NOK → 760.3k NOK (+98.6%). Equity 1.53m NOK → 2.38m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 88 HOLDING AS.

At a glance

Revenue

382.8k NOK 760.3k NOK

+98.6%

Net result

n/m +849.0k NOK

—

Equity

1.53m NOK 2.38m NOK

+55.6%

Cash

517.0k NOK 762.5k NOK

+47.5%

Total assets

16.39m NOK 16.49m NOK

+0.6%

↑
Revenue rose

Operating income / revenue moved from 382.8k NOK to 760.3k NOK (+98.6% YoY). Calculated
↑
Equity strengthened

Book equity 1.53m NOK → 2.38m NOK (equity ratio 9.3% → 14.4%). Calculated
↑
Cash rose

Bank deposits 517.0k NOK → 762.5k NOK (+47.5% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.21× → 6.75×. Calculated
↑
Payroll decreased

Salary cost 84.9k NOK → 4 483 NOK (22% → 1% of revenue). Calculated

·
Book investments changed

Investment / intangible book value 14.91m NOK → 14.95m NOK. Reported fact