Org.nr 980 430 596 2009 → 2010 Year-over-year analysis

ACHILLES INFORMATION AS: årsregnskap 2010 vs 2009

Grew 15% on revenue, stronger earnings

approved 2010-10-19; registry 2010-12-06; journal 2010 790465

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ACHILLES INFORMATION AS. Revenue 26.53m NOK → 30.53m NOK (+15.1%). Net result +2.82m NOK → +3.96m NOK. Equity 3.23m NOK → 6.29m NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ACHILLES INFORMATION AS.

Scorecard

Revenue
26.53m NOK 30.53m NOK
+15.1%
Net result
+2.82m NOK +3.96m NOK
+40.3%
Equity
3.23m NOK 6.29m NOK
+94.6%
Cash
8.99m NOK 8.09m NOK
-10.0%
Total assets
23.17m NOK 22.41m NOK
-3.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 26.53m NOK to 30.53m NOK (+15.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.82m NOK → +3.96m NOK (net margin 10.6% → 13.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.23m NOK → 6.29m NOK (equity ratio 14.0% → 28.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 8.99m NOK → 8.09m NOK (-10.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 8.49m NOK → 9.78m NOK (32% → 32% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 135.6k NOK. Reported fact