Org.nr 983 361 161 2008 → 2009 Year-over-year analysis

ADVANCED MACHINE COMPANY AS: årsregnskap 2009 vs 2008

Grew 101% on revenue

approved 2010-06-29; registry 2010-07-01; journal 2010 477439

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ADVANCED MACHINE COMPANY AS. Revenue 9.98m NOK → 20.09m NOK (+101.2%). Equity 684.0k NOK → 896.5k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVANCED MACHINE COMPANY AS.

At a glance

Revenue

9.98m NOK 20.09m NOK

+101.2%

Net result

+2.03m NOK n/m

—

Equity

684.0k NOK 896.5k NOK

+31.1%

Cash

1.34m NOK 5.43m NOK

+304.4%

Total assets

6.48m NOK 8.73m NOK

+34.6%

↑
Revenue rose

Operating income / revenue moved from 9.98m NOK to 20.09m NOK (+101.2% YoY). Calculated
↑
Equity strengthened

Book equity 684.0k NOK → 896.5k NOK (equity ratio 10.5% → 10.3%). Calculated
↑
Cash rose

Bank deposits 1.34m NOK → 5.43m NOK (+304.4% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.01× → 1.25×. Calculated

·
Payroll increased

Salary cost 2.79m NOK → 4.45m NOK (28% → 22% of revenue). Calculated
·
COGS moved

COGS / varekostnad 5.57m NOK → 10.93m NOK (+96.1% YoY). Calculated