FirmaIQ
Org.nr 979 473 176 2007 → 2008 Year-over-year analysis

ACCOUNTRA SOFTWARE AS: årsregnskap 2008 vs 2007

Grew 479% on revenue, returned to profit

approved 2009-09-24; registry 2009-10-05

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ACCOUNTRA SOFTWARE AS. Revenue 377.7k NOK → 2.19m NOK (+478.8%). Net result -239.9k NOK → +74.3k NOK. Equity 32.5k NOK → 106.8k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACCOUNTRA SOFTWARE AS.

At a glance

Scorecard

Revenue
377.7k NOK 2.19m NOK
+478.8%
Operating result
-240.6k NOK +67.0k NOK
+127.8%
Net result
-239.9k NOK +74.3k NOK
+131.0%
Equity
32.5k NOK 106.8k NOK
+228.3%
Total assets
497.1k NOK 492.8k NOK
-0.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 377.7k NOK to 2.19m NOK (+478.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -240.6k NOK → +67.0k NOK (op. margin -63.7% → 3.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 239.9k NOK to a profit of 74.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 32.5k NOK → 106.8k NOK (equity ratio 6.5% → 21.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 731.2k NOK → 1.52m NOK (194% → 70% of revenue). Calculated