Org.nr 990 590 486 2008 → 2009 Year-over-year analysis

AGR CONSULTANCY SERVICES AS: årsregnskap 2009 vs 2008

Shrank 7% on revenue

approved 2010-06-15; registry 2010-06-22; journal 2010 445341

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AGR CONSULTANCY SERVICES AS. Revenue 22.62m NOK → 20.98m NOK (-7.2%). Equity 812.2k NOK → 741.1k NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGR CONSULTANCY SERVICES AS.

At a glance

Revenue

22.62m NOK 20.98m NOK

-7.2%

Operating result

+2.03m NOK +2.05m NOK

+0.7%

Equity

812.2k NOK 741.1k NOK

-8.8%

Cash

n/m 996.7k NOK

—

Total assets

8.11m NOK 6.28m NOK

-22.5%

↑
Operating result improved

Operating result +2.03m NOK → +2.05m NOK (op. margin 9.0% → 9.7%). Calculated
↑
Payroll decreased

Salary cost 12.28m NOK → 11.45m NOK (54% → 55% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 22.62m NOK to 20.98m NOK (-7.2% YoY). Calculated
↓
Equity eroded

Book equity 812.2k NOK → 741.1k NOK (equity ratio 10.0% → 11.8%). Calculated

·
Book investments changed

Investment / intangible book value 90.1k NOK → 63.8k NOK. Reported fact