Org.nr 990 694 311 2008 → 2009 Year-over-year analysis

ACCOUNTOR CREDIT GROUP AS: årsregnskap 2009 vs 2008

Shrank 11% on revenue

approved 2010-06-30; registry 2010-08-11; journal 2010 586644

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ACCOUNTOR CREDIT GROUP AS. Revenue 634.4k NOK → 567.1k NOK (-10.6%). Equity 13.34m NOK → 7.57m NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ACCOUNTOR CREDIT GROUP AS.

Scorecard

Revenue
634.4k NOK 567.1k NOK
-10.6%
Operating result
-2.21m NOK +146.7k NOK
+106.6%
Net result
n/m +2 010 NOK
—
Equity
13.34m NOK 7.57m NOK
-43.2%
Total assets
16.08m NOK 9.83m NOK
-38.9%

What improved

  • ↑

    Operating result improved

    Operating result -2.21m NOK → +146.7k NOK (op. margin -348.8% → 25.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 634.3k NOK → 184.8k NOK (100% → 33% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 634.4k NOK to 567.1k NOK (-10.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 13.34m NOK → 7.57m NOK (equity ratio 83.0% → 77.1%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 17.75m NOK → 7.57m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 15.69m NOK → 9.79m NOK. Reported fact