FirmaIQ
Org.nr 924 818 816 2008 → 2009 Year-over-year analysis

AF CONSULT MANAGEMENT AS: årsregnskap 2009 vs 2008

Shrank 100% on revenue, slipped into loss

approved 2010-05-27; registry 2010-06-03; journal 2010 399158

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AF CONSULT MANAGEMENT AS. Revenue 684 NOK → 0 NOK (-100.0%). Net result +1.25m NOK → -350.7k NOK. Equity 11.76m NOK → 11.41m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AF CONSULT MANAGEMENT AS.

At a glance

Scorecard

Revenue
684 NOK 0 NOK
-100.0%
Operating result
-262.2k NOK -281.9k NOK
-7.5%
Net result
+1.25m NOK -350.7k NOK
-128.1%
Equity
11.76m NOK 11.41m NOK
-3.0%
Cash
9.32m NOK 6.59m NOK
-29.3%
Total assets
14.15m NOK 12.07m NOK
-14.7%

What improved

  • ↑

    Payroll decreased

    Salary cost 88.3k NOK → 27.6k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 684 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -262.2k NOK → -281.9k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.25m NOK profit to a loss of 350.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 11.76m NOK → 11.41m NOK (equity ratio 83.1% → 94.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 9.32m NOK → 6.59m NOK (-29.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 435.6k NOK → 34.3k NOK. Reported fact