Org.nr 981 953 134 2008 → 2009 Year-over-year analysis

ZALARIS ASA: årsregnskap 2009 vs 2008

Returned to profit

approved 2010-06-22; registry 2010-09-07; journal 2010 726378

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ZALARIS ASA. Revenue 42.66m NOK → 41.09m NOK (-3.7%). Net result -848.0k NOK → +10.04m NOK. Equity 18.23m NOK → 29.15m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell.

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

Scorecard

Revenue
42.66m NOK 41.09m NOK
-3.7%
Net result
-848.0k NOK +10.04m NOK
+1284.3%
Equity
18.23m NOK 29.15m NOK
+59.9%
Cash
170.0k NOK 459.0k NOK
+170.0%
Total assets
81.84m NOK 105.09m NOK
+28.4%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 848.0k NOK to a profit of 10.04m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 18.23m NOK → 29.15m NOK (equity ratio 22.3% → 27.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 170.0k NOK → 459.0k NOK (+170.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 17.92m NOK → 18.78m NOK (+856.0k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 110.39m NOK → 4.13m NOK (259% → 10% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 42.66m NOK to 41.09m NOK (-3.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 754.0k NOK → 987 NOK (-99.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 19.43m NOK → 26.05m NOK. Reported fact