ADDED VALUE IT AS: årsregnskap 2009 vs 2008
Shrank 25% on revenue
approved 2010-04-22; registry 2010-06-08; journal 2010 411442
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADDED VALUE IT AS. Revenue 2.02m NOK → 1.51m NOK (-25.4%). Equity 200.6k NOK → 1.62m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
2.02m NOK
1.51m NOK
-25.4%
Operating result
+338.9k NOK
+205.4k NOK
-39.4%
Net result
+292.9k NOK
n/m
—
Equity
200.6k NOK
1.62m NOK
+707.2%
Total assets
2.88m NOK
2.75m NOK
-4.4%
What improved
-
↑
Equity strengthened
Book equity 200.6k NOK → 1.62m NOK (equity ratio 7.0% → 58.9%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.02m NOK to 1.51m NOK (-25.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +338.9k NOK → +205.4k NOK (op. margin 16.8% → 13.6%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.26m NOK → 4.87m NOK (62% → 323% of revenue). Calculated