911-TJENESTEN AS: årsregnskap 2009 vs 2008
Shrank 14% on revenue, stronger earnings
approved 2010-05-28; registry 2010-06-28; journal 2010 460577
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for 911-TJENESTEN AS. Revenue 606.2k NOK → 521.0k NOK (-14.0%). Net result 0 NOK → +173.5k NOK. Equity 2.66m NOK → 2.83m NOK.
On the constructive side: net result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 911-TJENESTEN AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result 0 NOK → +173.5k NOK (net margin 0.0% → 33.3%). Calculated
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↑
Equity strengthened
Book equity 2.66m NOK → 2.83m NOK (equity ratio 82.0% → 81.9%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.55× → 1.40×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 606.2k NOK to 521.0k NOK (-14.0% YoY). Calculated
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↓
Operating result weakened
Operating result +332.1k NOK → +279.3k NOK (op. margin 54.8% → 53.6%). Calculated
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↓
Payroll up without matching revenue
Salary cost 80 NOK → 180.5k NOK (0% → 35% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 30.8k NOK → 14.1k NOK (-54.1% YoY). Calculated