ADVANCED THINKERS ENGINEERING AS: årsregnskap 2009 vs 2008
Grew 3296% on revenue, fresh owner capital
approved 2010-06-29; registry 2010-11-16; journal 2010 786812
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ADVANCED THINKERS ENGINEERING AS. Revenue 27.2k NOK → 923.8k NOK (+3296.5%). Equity 403.0k NOK → 1 171 NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVANCED THINKERS ENGINEERING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 27.2k NOK to 923.8k NOK (+3296.5% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 200.0k NOK → 383.5k NOK (+183.5k NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 403.0k NOK → 1 171 NOK (equity ratio 92.3% → 0.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost -656 NOK → 7 949 NOK (-2% → 1% of revenue). Calculated
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·
COGS moved
COGS / varekostnad -76.1k NOK → 48.5k NOK (+163.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 99.0k NOK → 5.07m NOK. Reported fact