ACTICON AS: årsregnskap 2008 vs 2007
Grew 666% on revenue, stronger earnings, cash halved-plus
approved 2009-06-15; registry 2009-09-03
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ACTICON AS. Revenue 191.6k NOK → 1.47m NOK (+665.8%). Net result +120.3k NOK → +183.6k NOK. Equity 492.3k NOK → 676.0k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 191.6k NOK to 1.47m NOK (+665.8% YoY). Calculated
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↑
Net result improved
Net result +120.3k NOK → +183.6k NOK (net margin 62.8% → 12.5%). Calculated
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↑
Equity strengthened
Book equity 492.3k NOK → 676.0k NOK (equity ratio 79.9% → 69.7%). Calculated
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↑
Payroll decreased
Salary cost 150.3k NOK → 1 NOK (78% → 0% of revenue). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 253.8k NOK → 115.3k NOK (-54.6% YoY). Calculated