Org.nr 950 572 701 2007 → 2008 Year-over-year analysis

ABA ELEKTRO AS: årsregnskap 2008 vs 2007

Shrank 33% on revenue

approved 2009-08-27; registry 2009-09-10

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ABA ELEKTRO AS. Revenue 7.84m NOK → 5.26m NOK (-33.0%). Equity 441.2k NOK → 164.3k NOK.

Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABA ELEKTRO AS.

At a glance

Revenue

7.84m NOK 5.26m NOK

-33.0%

Equity

441.2k NOK 164.3k NOK

-62.8%

Total assets

2.66m NOK 1.57m NOK

-41.1%

↓
Revenue fell

Operating income / revenue moved from 7.84m NOK to 5.26m NOK (-33.0% YoY). Calculated
↓
Equity eroded

Book equity 441.2k NOK → 164.3k NOK (equity ratio 16.6% → 10.5%). Calculated
↓
Payroll up without matching revenue

Salary cost 2.00m NOK → 2.10m NOK (25% → 40% of revenue). Calculated