ACCOUNT SHOP AS: årsregnskap 2009 vs 2008
Grew 8% on revenue, weaker earnings
approved 2010-06-24; registry 2010-08-21; journal 2010 609592
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ACCOUNT SHOP AS. Revenue 1.10m NOK → 1.19m NOK (+7.8%). Net result +145.8k NOK → +86.6k NOK. Equity 653.6k NOK → 740.2k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACCOUNT SHOP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.10m NOK to 1.19m NOK (+7.8% YoY). Calculated
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↑
Equity strengthened
Book equity 653.6k NOK → 740.2k NOK (equity ratio 467.6% → 506.2%). Calculated
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↑
Cash rose
Bank deposits 479.1k NOK → 689.2k NOK (+43.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +183.0k NOK → +121.5k NOK (op. margin 16.6% → 10.2%). Calculated
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↓
Net result weakened
Net result +145.8k NOK → +86.6k NOK (net margin 13.3% → 7.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 481.9k NOK → 546.3k NOK (44% → 46% of revenue). Calculated