Org.nr 914 069 149 2008 → 2009 Year-over-year analysis

A7 PRINT AS: årsregnskap 2009 vs 2008

Shrank 19% on revenue

approved 2010-09-13; registry 2010-09-30; journal 2010 770722

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A7 PRINT AS. Revenue 17.35m NOK → 14.13m NOK (-18.5%). Equity 276.5k NOK → 2.18m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A7 PRINT AS.

At a glance

Revenue

17.35m NOK 14.13m NOK

-18.5%

Operating result

+691.8k NOK n/m

—

Net result

+131.0k NOK n/m

—

Equity

276.5k NOK 2.18m NOK

+687.3%

Cash

887.9k NOK 1.67m NOK

+87.9%

Total assets

4.49m NOK 4.83m NOK

+7.6%

↑
Equity strengthened

Book equity 276.5k NOK → 2.18m NOK (equity ratio 6.2% → 45.1%). Calculated
↑
Cash rose

Bank deposits 887.9k NOK → 1.67m NOK (+87.9% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.28× → 1.63×. Calculated
↑
Payroll decreased

Salary cost 6.67m NOK → 6.03m NOK (38% → 43% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 17.35m NOK to 14.13m NOK (-18.5% YoY). Calculated

·
COGS fell

COGS / varekostnad 4.47m NOK → 3.64m NOK (-18.5% YoY). Calculated
·
Book investments changed

Investment / intangible book value 48.7k NOK → 56.7k NOK. Reported fact