Org.nr 872 414 762 2008 → 2009 Year-over-year analysis

AGENDA AKTIV AS: årsregnskap 2009 vs 2008

Grew 13% on revenue

approved 2010-06-11; registry 2010-08-21; journal 2010 612656

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AGENDA AKTIV AS. Revenue 19.78m NOK → 22.27m NOK (+12.6%). Equity -4.42m NOK → -5.12m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGENDA AKTIV AS.

At a glance

Revenue

19.78m NOK 22.27m NOK

+12.6%

Operating result

n/m +407.2k NOK

—

Net result

-882.1k NOK n/m

—

Equity

-4.42m NOK -5.12m NOK

-15.8%

Total assets

4.09m NOK 4.41m NOK

+7.8%

↑
Revenue rose

Operating income / revenue moved from 19.78m NOK to 22.27m NOK (+12.6% YoY). Calculated
↑
Payroll decreased

Salary cost 18.52m NOK → 16.54m NOK (94% → 74% of revenue). Calculated

↓
Equity eroded

Book equity -4.42m NOK → -5.12m NOK (equity ratio -108.0% → -116.1%). Calculated

·
Thin equity buffer

Equity ratio is -116.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 2.51m NOK → 2.22m NOK (-11.6% YoY). Calculated