99X SOLUTIONS AS: årsregnskap 2009 vs 2008
Grew 733% on revenue
approved 2010-06-11; registry 2010-06-17; journal 2010 428709
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for 99X SOLUTIONS AS. Revenue 235.9k NOK → 1.97m NOK (+733.3%). Equity 296.7k NOK → 213.6k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 99X SOLUTIONS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 235.9k NOK to 1.97m NOK (+733.3% YoY). Calculated
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↑
Cash rose
Bank deposits 52.1k NOK → 241.8k NOK (+364.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 296.7k NOK → 213.6k NOK (equity ratio 48.7% → 36.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.15m NOK → 1.55m NOK (486% → 79% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 24.1k NOK → 133.7k NOK (+454.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 53.9k NOK → 24.0k NOK. Reported fact