FirmaIQ
Org.nr 979 473 176 2009 → 2010 Year-over-year analysis

ACCOUNTRA SOFTWARE AS: årsregnskap 2010 vs 2009

Shrank 67% on revenue, stronger earnings

approved 2011-09-13; registry 2011-09-17; journal 2011 764903

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ACCOUNTRA SOFTWARE AS. Revenue 2.58m NOK → 842.4k NOK (-67.3%). Net result +119.1k NOK → +154.8k NOK. Equity 100.9k NOK → 105.7k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.58m NOK 842.4k NOK
-67.3%
Operating result
+124.2k NOK +181.3k NOK
+46.0%
Net result
+119.1k NOK +154.8k NOK
+30.0%
Equity
100.9k NOK 105.7k NOK
+4.7%
Cash
n/m 91.4k NOK
—
Total assets
796.2k NOK 423.2k NOK
-46.9%

What improved

  • ↑

    Operating result improved

    Operating result +124.2k NOK → +181.3k NOK (op. margin 4.8% → 21.5%). Calculated

  • ↑

    Net result improved

    Net result +119.1k NOK → +154.8k NOK (net margin 4.6% → 18.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 100.9k NOK → 105.7k NOK (equity ratio 12.7% → 25.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.99× → 1.01×. Calculated

  • ↑

    Payroll decreased

    Salary cost 1.94m NOK → 1.05m NOK (75% → 125% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.58m NOK to 842.4k NOK (-67.3% YoY). Calculated