ACTIV DRIFT AS: årsregnskap 2009 vs 2008
Grew 221% on revenue, returned to profit
approved 2010-06-30; registry 2010-08-25; journal 2010 631700
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ACTIV DRIFT AS. Revenue 4.27m NOK → 13.69m NOK (+220.5%). Net result -571.4k NOK → +532.1k NOK. Equity -476.4k NOK → 55.7k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTIV DRIFT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4.27m NOK to 13.69m NOK (+220.5% YoY). Calculated
-
↑
Operating result improved
Operating result -773.8k NOK → +756.8k NOK (op. margin -18.1% → 5.5%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 571.4k NOK to a profit of 532.1k NOK. Calculated
-
↑
Equity strengthened
Book equity -476.4k NOK → 55.7k NOK (equity ratio -104.6% → 3.0%). Calculated
-
↑
Cash rose
Bank deposits 358.9k NOK → 548.9k NOK (+53.0% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1 310 NOK → 4.38m NOK (0% → 32% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 1 681 NOK → 4.80m NOK (+285548.5% YoY). Calculated