Org.nr 980 161 226 2008 → 2009 Year-over-year analysis

AKA SYSTEM INVEST AS: årsregnskap 2009 vs 2008

Grew 20% on revenue

approved 2010-02-17; registry 2010-03-24

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AKA SYSTEM INVEST AS. Revenue 367.2k NOK → 440.5k NOK (+20.0%). Equity 156.4k NOK → 214.7k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKA SYSTEM INVEST AS.

At a glance

Revenue

367.2k NOK 440.5k NOK

+20.0%

Operating result

n/m +80.5k NOK

—

Net result

n/m +58.2k NOK

—

Equity

156.4k NOK 214.7k NOK

+37.2%

Cash

137.0k NOK 262.9k NOK

+91.9%

Total assets

234.4k NOK 354.5k NOK

+51.2%

↑
Revenue rose

Operating income / revenue moved from 367.2k NOK to 440.5k NOK (+20.0% YoY). Calculated
↑
Equity strengthened

Book equity 156.4k NOK → 214.7k NOK (equity ratio 66.7% → 60.6%). Calculated
↑
Cash rose

Bank deposits 137.0k NOK → 262.9k NOK (+91.9% YoY). Calculated
↑
Payroll decreased

Salary cost 392.9k NOK → 272.2k NOK (107% → 62% of revenue). Calculated

·
Book investments changed

Investment / intangible book value 38.2k NOK → 33.4k NOK. Reported fact