Org.nr 954 634 388 2008 → 2009 Year-over-year analysis

ABA-TECH AS: årsregnskap 2009 vs 2008

Shrank 54% on revenue, fresh owner capital

approved 2010-06-30; registry 2010-09-06; journal 2010 717170

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ABA-TECH AS. Revenue 29.44m NOK → 13.61m NOK (-53.8%). Equity -671.6k NOK → -539.7k NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABA-TECH AS.

Scorecard

Revenue
29.44m NOK 13.61m NOK
-53.8%
Equity
-671.6k NOK -539.7k NOK
+19.6%
Cash
331.9k NOK 170.8k NOK
-48.5%
Total assets
3.57m NOK 7.08m NOK
+98.7%

What improved

  • ↑

    Equity strengthened

    Book equity -671.6k NOK → -539.7k NOK (equity ratio -18.8% → -7.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 100.0k NOK → 177.8k NOK (+77.8k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 29.44m NOK to 13.61m NOK (-53.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 331.9k NOK → 170.8k NOK (-48.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.80m NOK → 3.61m NOK (10% → 27% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 23.25m NOK → 8.03m NOK (-65.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 60.0k NOK → 15.0k NOK. Reported fact