ACCESS EVENT AS: årsregnskap 2009 vs 2008
Grew 11% on revenue
approved 2010-12-06; registry 2010-12-09; journal 2010 790751
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ACCESS EVENT AS. Revenue 30.77m NOK → 34.05m NOK (+10.7%). Equity 449.3k NOK → 308.7k NOK.
On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACCESS EVENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 30.77m NOK to 34.05m NOK (+10.7% YoY). Calculated
-
↑
Operating result improved
Operating result -413.3k NOK → -205.9k NOK (op. margin -1.3% → -0.6%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.93× → 1.33×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 449.3k NOK → 308.7k NOK (equity ratio 8.3% → 24.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost -1.28m NOK → 5.13m NOK (-4% → 15% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 24.04m NOK → 33.06m NOK (+37.5% YoY). Calculated