AGILE EXECUTIVE SEARCH AS: årsregnskap 2009 vs 2008
Shrank 41% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AGILE EXECUTIVE SEARCH AS. Revenue 4.06m NOK → 2.40m NOK (-40.7%). Net result +961.9k NOK → -589.9k NOK. Equity 1.55m NOK → 961.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 2.08m NOK → 2 009 NOK (51% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.06m NOK to 2.40m NOK (-40.7% YoY). Calculated
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↓
Operating result weakened
Operating result +345.1k NOK → -777.7k NOK (op. margin 8.5% → -32.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 961.9k NOK profit to a loss of 589.9k NOK. Calculated
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↓
Equity eroded
Book equity 1.55m NOK → 961.9k NOK (equity ratio 44.8% → 41.5%). Calculated
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↓
COGS moved
COGS / varekostnad 85.9k NOK → 205.5k NOK (+139.1% YoY). Calculated