ABYSS AKVASERVICE AS: årsregnskap 2009 vs 2008
Grew 89% on revenue
approved 2010-08-30; registry 2010-09-07; journal 2010 723564
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ABYSS AKVASERVICE AS. Revenue 8.52m NOK → 16.07m NOK (+88.7%). Equity 1.52m NOK → 1.87m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABYSS AKVASERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.52m NOK to 16.07m NOK (+88.7% YoY). Calculated
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↑
Equity strengthened
Book equity 1.52m NOK → 1.87m NOK (equity ratio 10.1% → 13.1%). Calculated
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↑
Cash rose
Bank deposits 4 247 NOK → 121.6k NOK (+2764.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.65× → 1.84×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +497.5k NOK → +287.1k NOK (op. margin 5.8% → 1.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 NOK → 4.56m NOK (0% → 28% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 43.0k NOK → 1.93m NOK (+4382.5% YoY). Calculated