Org.nr 985 012 059 2008 → 2009 Year-over-year analysis

NAVAMEDIC ASA: årsregnskap 2009 vs 2008

Grew 124% on revenue, returned to profit

approved 2010-03-18; registry 2010-05-29; journal 2010 396421

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for NAVAMEDIC ASA. Revenue 19.77m NOK → 44.29m NOK (+124.0%). Net result -8.08m NOK → +16.31m NOK. Equity 100.53m NOK → 109.14m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for NAVAMEDIC ASA.

Scorecard

Revenue
19.77m NOK 44.29m NOK
+124.0%
Net result
-8.08m NOK +16.31m NOK
+301.9%
Equity
100.53m NOK 109.14m NOK
+8.6%
Cash
3.45m NOK 22.60m NOK
+554.7%
Total assets
124.04m NOK 118.78m NOK
-4.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 19.77m NOK to 44.29m NOK (+124.0% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 8.08m NOK to a profit of 16.31m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 100.53m NOK → 109.14m NOK (equity ratio 81.0% → 91.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.45m NOK → 22.60m NOK (+554.7% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 100.53m NOK → 109.14m NOK (+8.61m NOK). Reported fact

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 4.60m NOK → 15.18m NOK (+230.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2 437 NOK → 89.61m NOK. Reported fact