A-SERVICE AS: årsregnskap 2009 vs 2008
Grew 745% on revenue, stronger earnings, cash halved-plus
approved 2010-04-12; registry 2010-05-22
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A-SERVICE AS. Revenue 148.9k NOK → 1.26m NOK (+745.1%). Net result +6 631 NOK → +79.3k NOK. Equity 178.6k NOK → 99.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A-SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 148.9k NOK to 1.26m NOK (+745.1% YoY). Calculated
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↑
Operating result improved
Operating result +28.6k NOK → +62.2k NOK (op. margin 19.2% → 4.9%). Calculated
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↑
Net result improved
Net result +6 631 NOK → +79.3k NOK (net margin 4.5% → 6.3%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 178.6k NOK → 99.3k NOK (equity ratio 35.9% → 23.3%). Calculated
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↓
Cash fell
Bank deposits 164.0k NOK → 62.7k NOK (-61.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 5 607 NOK → 5.64bn NOK (4% → 447873% of revenue). Calculated