Net profits at Dublin-based IT consultancy Version 1 more than doubled last year, on the back of a 56 per cent increase in gross profits.
According to recently filed accounts, gross profits at the firm rose to €3.6 million in the year ending December 31, 2006, from €2.3 million in 2005. It reported net profits of €967,000, up from €336,000 in 2005. Accumulated profits now stand at €1.79 million.
Net assets of the company rose from €967,000 to €1.4 million. While...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team