ACTICON AS: årsregnskap 2009 vs 2008
Shrank 49% on revenue, weaker earnings
approved 2010-06-25; registry 2010-07-21; journal 2010 536389
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ACTICON AS. Revenue 1.47m NOK → 745.0k NOK (-49.2%). Net result +183.6k NOK → +40.7k NOK. Equity 676.0k NOK → 516.6k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.47m NOK
745.0k NOK
-49.2%
Net result
+183.6k NOK
+40.7k NOK
-77.9%
Equity
676.0k NOK
516.6k NOK
-23.6%
Cash
115.3k NOK
160.1k NOK
+38.8%
Total assets
969.2k NOK
958.5k NOK
-1.1%
What improved
-
↑
Cash rose
Bank deposits 115.3k NOK → 160.1k NOK (+38.8% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.47m NOK to 745.0k NOK (-49.2% YoY). Calculated
-
↓
Net result weakened
Net result +183.6k NOK → +40.7k NOK (net margin 12.5% → 5.5%). Calculated
-
↓
Equity eroded
Book equity 676.0k NOK → 516.6k NOK (equity ratio 69.7% → 53.9%). Calculated