Org.nr 988 440 655 2008 → 2009 Year-over-year analysis

AVECTOR AS: årsregnskap 2009 vs 2008

Grew 2347% on revenue, stronger earnings

approved 2010-06-29; registry 2010-07-13; journal 2010 500656

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for AVECTOR AS. Revenue 85.2k NOK → 2.09m NOK (+2347.5%). Net result 0 NOK → +445.1k NOK. Equity 500.7k NOK → 1.95m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AVECTOR AS.

Scorecard

Revenue
85.2k NOK 2.09m NOK
+2347.5%
Operating result
+1.22m NOK +592.7k NOK
-51.6%
Net result
0 NOK +445.1k NOK
—
Equity
500.7k NOK 1.95m NOK
+288.6%
Total assets
2.41m NOK 3.45m NOK
+43.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 85.2k NOK to 2.09m NOK (+2347.5% YoY). Calculated

  • ↑

    Net result improved

    Net result 0 NOK → +445.1k NOK (net margin 0.0% → 21.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 500.7k NOK → 1.95m NOK (equity ratio 20.8% → 56.5%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.22m NOK → +592.7k NOK (op. margin 1437.2% → 28.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 754 NOK → 938.8k NOK (2% → 45% of revenue). Calculated