FirmaIQ
Org.nr 952 169 483 2008 → 2009 Year-over-year analysis

AGS IT-PARTNER AS: årsregnskap 2009 vs 2008

Shrank 14% on revenue, fresh owner capital

approved 2010-05-08; registry 2010-06-08; journal 2010 411734

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AGS IT-PARTNER AS. Revenue 44.73m NOK → 38.42m NOK (-14.1%). Equity 9.89m NOK → 10.00m NOK.

On the constructive side: equity strengthened; owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGS IT-PARTNER AS.

At a glance

Scorecard

Revenue
44.73m NOK 38.42m NOK
-14.1%
Operating result
+1.01m NOK +75.0k NOK
-92.5%
Net result
+12.2k NOK n/m
—
Equity
9.89m NOK 10.00m NOK
+1.1%
Total assets
31.40m NOK 17.15m NOK
-45.4%

What improved

  • ↑

    Equity strengthened

    Book equity 9.89m NOK → 10.00m NOK (equity ratio 31.5% → 58.3%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 900 NOK → 2.90m NOK (+2.90m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 10.69m NOK → 10.35m NOK (24% → 27% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 44.73m NOK to 38.42m NOK (-14.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.01m NOK → +75.0k NOK (op. margin 2.2% → 0.2%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 29.03m NOK → 24.87m NOK (-14.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 6.47m NOK → 44.5k NOK. Reported fact