A ULVESETH AS: årsregnskap 2009 vs 2008
Grew 7% on revenue
approved 2010-06-30; registry 2010-08-25; journal 2010 632328
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A ULVESETH AS. Revenue 2.69m NOK → 2.87m NOK (+6.5%).
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
2.69m NOK
2.87m NOK
+6.5%
Operating result
+974.6k NOK
+169.5k NOK
-82.6%
Net result
+882.8k NOK
n/m
—
Cash
n/m
882.44m NOK
—
Total assets
18.90m NOK
19.47m NOK
+3.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.69m NOK to 2.87m NOK (+6.5% YoY). Calculated
-
↑
Payroll decreased
Salary cost 966.4k NOK → 112.7k NOK (36% → 4% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +974.6k NOK → +169.5k NOK (op. margin 36.2% → 5.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.93× → 0.12× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated