Org.nr 977 037 093 2008 → 2009 Year-over-year analysis

TECHSTEP ASA: årsregnskap 2009 vs 2008

Grew 57377% on revenue

approved 2010-05-20; registry 2010-08-14; journal 2010 592351

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for TECHSTEP ASA. Revenue 103.6k NOK → 59.56m NOK (+57376.9%). Equity 146.4k NOK → 145.18m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: cash fell.

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

Scorecard

Revenue
103.6k NOK 59.56m NOK
+57376.9%
Equity
146.4k NOK 145.18m NOK
+99074.1%
Cash
56.01m NOK 40.10m NOK
-28.4%
Total assets
226.7k NOK 199.50m NOK
+87890.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 103.6k NOK to 59.56m NOK (+57376.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 146.4k NOK → 145.18m NOK (equity ratio 64.6% → 72.8%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 339.0k NOK → 354.5k NOK (+15.6k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 6.51m NOK → 6.07m NOK (6278% → 10% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 56.01m NOK → 40.10m NOK (-28.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 9.93m NOK (None YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 137.2k NOK → 50.0k NOK. Reported fact