Org.nr 986 804 145 2007 → 2008 Year-over-year analysis

ACCURO CONSULTING AS: årsregnskap 2008 vs 2007

Grew 13% on revenue

approved 2009-06-30; registry 2009-09-16

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ACCURO CONSULTING AS. Revenue 1.36m NOK → 1.54m NOK (+13.1%). Equity 310.3k NOK → 214.5k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACCURO CONSULTING AS.

Scorecard

Revenue
1.36m NOK 1.54m NOK
+13.1%
Equity
310.3k NOK 214.5k NOK
-30.9%
Cash
146.8k NOK 88.6k NOK
-39.7%
Total assets
915.0k NOK 99.1k NOK
-89.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.36m NOK to 1.54m NOK (+13.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 877.6k NOK → 1 153 NOK (64% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 310.3k NOK → 214.5k NOK (equity ratio 33.9% → 216.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 146.8k NOK → 88.6k NOK (-39.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.09× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 8 500 NOK → 1 750 NOK (-79.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 244.9k NOK → 252 NOK. Reported fact