FirmaIQ
Org.nr 979 473 176 2008 → 2009 Year-over-year analysis

ACCOUNTRA SOFTWARE AS: årsregnskap 2009 vs 2008

Grew 18% on revenue, stronger earnings

approved 2010-06-18; registry 2010-08-03; journal 2010 567172

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ACCOUNTRA SOFTWARE AS. Revenue 2.19m NOK → 2.58m NOK (+17.9%). Net result +74.3k NOK → +119.1k NOK. Equity 106.8k NOK → 100.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

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

At a glance

Scorecard

Revenue
2.19m NOK 2.58m NOK
+17.9%
Operating result
+67.0k NOK +124.2k NOK
+85.5%
Net result
+74.3k NOK +119.1k NOK
+60.3%
Equity
106.8k NOK 100.9k NOK
-5.6%
Total assets
492.8k NOK 796.2k NOK
+61.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.19m NOK to 2.58m NOK (+17.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +67.0k NOK → +124.2k NOK (op. margin 3.1% → 4.8%). Calculated

  • ↑

    Net result improved

    Net result +74.3k NOK → +119.1k NOK (net margin 3.4% → 4.6%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 106.8k NOK → 100.9k NOK (equity ratio 21.7% → 12.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.52m NOK → 1.94m NOK (70% → 75% of revenue). Calculated