Org.nr 979 107 862 2007 → 2008 Year-over-year analysis

A.C.T. AS: årsregnskap 2008 vs 2007

Shrank 31% on revenue

approved 2009-06-30; registry 2009-08-01

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for A.C.T. AS. Revenue 10.35m NOK → 7.16m NOK (-30.9%). Equity 2.44m NOK → 2.47m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A.C.T. AS.

At a glance

Revenue

10.35m NOK 7.16m NOK

-30.9%

Operating result

+326.5k NOK +359.4k NOK

+10.1%

Net result

+187.2k NOK n/m

—

Equity

2.44m NOK 2.47m NOK

+1.0%

Cash

n/m 286.7k NOK

—

Total assets

10.83m NOK 10.58m NOK

-2.3%

↑
Operating result improved

Operating result +326.5k NOK → +359.4k NOK (op. margin 3.2% → 5.0%). Calculated
↑
Equity strengthened

Book equity 2.44m NOK → 2.47m NOK (equity ratio 22.6% → 23.3%). Calculated

↓
Revenue fell

Operating income / revenue moved from 10.35m NOK to 7.16m NOK (-30.9% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 9 NOK → 9.58m NOK (0% → 134% of revenue). Calculated

·
COGS fell

COGS / varekostnad 4.77m NOK → 2.29m NOK (-51.9% YoY). Calculated
·
Book investments changed

Investment / intangible book value 10.81m NOK → 10.96m NOK. Reported fact