AGILE SOLUTIONS AS: årsregnskap 2008 vs 2007
Grew 37648% on revenue, stronger earnings, cash halved-plus
approved 2009-02-20; registry 2009-03-26
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AGILE SOLUTIONS AS. Revenue 1 157 NOK → 436.7k NOK (+37647.6%). Net result +187.7k NOK → +347.1k NOK. Equity 468.5k NOK → 815.6k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AGILE SOLUTIONS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 157 NOK to 436.7k NOK (+37647.6% YoY). Calculated
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↑
Net result improved
Net result +187.7k NOK → +347.1k NOK (net margin 16225.1% → 79.5%). Calculated
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↑
Equity strengthened
Book equity 468.5k NOK → 815.6k NOK (equity ratio 67.9% → 1021.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 672.8k NOK → 6 223 NOK (-99.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.11× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 631.5k NOK → 679.3k NOK (54583% → 156% of revenue). Calculated