Org.nr 988 988 545 2008 → 2009 Year-over-year analysis

ADD ON FITNESS INTERNATIONAL AS: årsregnskap 2009 vs 2008

Grew 29% on revenue

approved 2010-06-12; registry 2010-07-27; journal 2010 550703

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADD ON FITNESS INTERNATIONAL AS. Revenue 440.8k NOK → 569.7k NOK (+29.3%). Equity 1.35m NOK → 1.53m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADD ON FITNESS INTERNATIONAL AS.

At a glance

Revenue

440.8k NOK 569.7k NOK

+29.3%

Operating result

+123.5k NOK +254.7k NOK

+106.3%

Equity

1.35m NOK 1.53m NOK

+13.2%

Total assets

1.42m NOK 1.68m NOK

+18.3%

↑
Revenue rose

Operating income / revenue moved from 440.8k NOK to 569.7k NOK (+29.3% YoY). Calculated
↑
Operating result improved

Operating result +123.5k NOK → +254.7k NOK (op. margin 28.0% → 44.7%). Calculated
↑
Equity strengthened

Book equity 1.35m NOK → 1.53m NOK (equity ratio 94.7% → 90.6%). Calculated

·
Payroll increased

Salary cost 2 226 NOK → 168.1k NOK (1% → 30% of revenue). Calculated