ACCOUNTOR CREDIT GROUP AS: årsregnskap 2008 vs 2007
Grew 298% on revenue, fresh owner capital
approved 2009-05-19; registry 2009-07-21
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ACCOUNTOR CREDIT GROUP AS. Revenue 159.5k NOK → 634.4k NOK (+297.8%). Equity 3.98m NOK → 13.34m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ACCOUNTOR CREDIT GROUP AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 159.5k NOK to 634.4k NOK (+297.8% YoY). Calculated
-
↑
Equity strengthened
Book equity 3.98m NOK → 13.34m NOK (equity ratio 95.3% → 83.0%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 4.00m NOK → 17.75m NOK (+13.75m NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result -16.0k NOK → -2.21m NOK (op. margin -10.0% → -348.8%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 3 147 NOK → 634.3k NOK (2% → 100% of revenue). Calculated
-
·
Book investments changed
Investment / intangible book value 4.11m NOK → 15.69m NOK. Reported fact