GOODTECH ASA: årsregnskap 2009 vs 2008
Grew 90702% on revenue
approved 2010-04-29; registry 2010-09-14; journal 2010 752592
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for GOODTECH ASA. Revenue 7 839 NOK → 7.12m NOK (+90702.4%). Equity 328.09m NOK → 363.3k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for GOODTECH ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7 839 NOK to 7.12m NOK (+90702.4% YoY). Calculated
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↑
Cash rose
Bank deposits 55.73m NOK → 84.73m NOK (+52.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 30203031000.19bn NOK → 23 NOK (385291886722622080% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -12.88m NOK → -13.39m NOK (op. margin -164344.9% → -188.1%). Calculated
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↓
Equity eroded
Book equity 328.09m NOK → 363.3k NOK (equity ratio 89.3% → 88.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.84× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 231.57m NOK → 251.1k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 3 317 NOK → 266.97m NOK (+8048468.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 189.16m NOK → 199.4k NOK. Reported fact