A-MEDIA AS: årsregnskap 2009 vs 2008
Grew 8% on revenue, stronger earnings, fresh owner capital
approved 2010-05-20; registry 2010-06-22; journal 2010 446657
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A-MEDIA AS. Revenue 4.97m NOK → 5.36m NOK (+7.8%). Net result +167.5k NOK → +478.8k NOK. Equity 624.3k NOK → 103.1k NOK.
On the constructive side: revenue rose; net result improved; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A-MEDIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.97m NOK to 5.36m NOK (+7.8% YoY). Calculated
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↑
Net result improved
Net result +167.5k NOK → +478.8k NOK (net margin 3.4% → 8.9%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.86× → 5.65×. Calculated
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↑
Owners injected capital
Paid-in equity rose 578 NOK → 2.00m NOK (+2.00m NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 624.3k NOK → 103.1k NOK (equity ratio 97.0% → 3.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 269.0k NOK → 166.6k NOK (-38.1% YoY). Calculated