ACCENDO PRODUKTUTVIKLING AS: årsregnskap 2009 vs 2008
Grew 65% on revenue
approved 2010-06-30; registry 2010-08-17; journal 2010 596551
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ACCENDO PRODUKTUTVIKLING AS. Revenue 507.0k NOK → 836.6k NOK (+65.0%). Net result +2 009 NOK → +2 010 NOK. Equity -108.1k NOK → -1 032 NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACCENDO PRODUKTUTVIKLING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 507.0k NOK to 836.6k NOK (+65.0% YoY). Calculated
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↑
Operating result improved
Operating result -386.1k NOK → +105.1k NOK (op. margin -76.2% → 12.6%). Calculated
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↑
Equity strengthened
Book equity -108.1k NOK → -1 032 NOK (equity ratio -70.0% → -0.2%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.71× → 1.06×. Calculated
Things to notice
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·
Payroll increased
Salary cost 74.3k NOK → 2.30m NOK (15% → 275% of revenue). Calculated
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COGS fell
COGS / varekostnad 161.0k NOK → 10.3k NOK (-93.6% YoY). Calculated