Thursday August 6, 2020

Profits increase to €3.6m at Version 1

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.

8th December, 2007

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!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 7 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago