Org.nr 933 491 048 2008 → 2009 Year-over-year analysis

AGS BATTERISERVICE AS: årsregnskap 2009 vs 2008

Shrank 34% on revenue

approved 2010-05-31; registry 2010-09-11; journal 2010 737418

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AGS BATTERISERVICE AS. Revenue 18.07m NOK → 11.91m NOK (-34.1%). Equity 804.4k NOK → 946.8k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGS BATTERISERVICE AS.

At a glance

Revenue

18.07m NOK 11.91m NOK

-34.1%

Operating result

+155.2k NOK +11.8k NOK

-92.4%

Net result

n/m +546.9k NOK

—

Equity

804.4k NOK 946.8k NOK

+17.7%

Cash

2.06m NOK 1.15m NOK

-44.2%

Total assets

7.99m NOK 4.56m NOK

-43.0%

↑
Equity strengthened

Book equity 804.4k NOK → 946.8k NOK (equity ratio 10.1% → 20.8%). Calculated

↓
Revenue fell

Operating income / revenue moved from 18.07m NOK to 11.91m NOK (-34.1% YoY). Calculated
↓
Operating result weakened

Operating result +155.2k NOK → +11.8k NOK (op. margin 0.9% → 0.1%). Calculated
↓
Cash fell

Bank deposits 2.06m NOK → 1.15m NOK (-44.2% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2 NOK → 1.88m NOK (0% → 16% of revenue). Calculated