Org.nr 979 107 862 2008 → 2009 Year-over-year analysis

A.C.T. AS: årsregnskap 2009 vs 2008

Shrank 99% on revenue, cash halved-plus

approved 2010-06-30; registry 2010-12-04; journal 2010 790098

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A.C.T. AS. Revenue 7.16m NOK → 101.9k NOK (-98.6%). Equity 2.47m NOK → 3.03m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell; cogs moved.

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

At a glance

Revenue

7.16m NOK 101.9k NOK

-98.6%

Operating result

+359.4k NOK n/m

—

Equity

2.47m NOK 3.03m NOK

+22.9%

Cash

286.7k NOK 12.3k NOK

-95.7%

Total assets

10.58m NOK 11.03m NOK

+4.2%

↑
Equity strengthened

Book equity 2.47m NOK → 3.03m NOK (equity ratio 23.3% → 27.5%). Calculated
↑
Payroll decreased

Salary cost 9.58m NOK → 10 NOK (134% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 7.16m NOK to 101.9k NOK (-98.6% YoY). Calculated
↓
Cash fell

Bank deposits 286.7k NOK → 12.3k NOK (-95.7% YoY). Calculated
↓
COGS moved

COGS / varekostnad 2.29m NOK → 2.95m NOK (+28.5% YoY). Calculated

·
Book investments changed

Investment / intangible book value 10.96m NOK → 50.0k NOK. Reported fact