FirmaIQ
Org.nr 985 873 305 2007 → 2008 Year-over-year analysis

ABA TRANSPORT AS: årsregnskap 2008 vs 2007

Shrank 20% on revenue, stronger earnings

approved 2009-06-30; registry 2009-09-21

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ABA TRANSPORT AS. Revenue 11.36m NOK → 9.07m NOK (-20.2%). Net result +60.2k NOK → +91.1k NOK. Equity 740.4k NOK → 1.83m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.

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

At a glance

Scorecard

Revenue
11.36m NOK 9.07m NOK
-20.2%
Operating result
+1767.39bn NOK +299.0k NOK
-100.0%
Net result
+60.2k NOK +91.1k NOK
+51.4%
Equity
740.4k NOK 1.83m NOK
+147.4%
Cash
9 882 NOK 845.0k NOK
+8450.4%
Total assets
6.14m NOK 4.29m NOK
-30.1%

What improved

  • ↑

    Net result improved

    Net result +60.2k NOK → +91.1k NOK (net margin 0.5% → 1.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 740.4k NOK → 1.83m NOK (equity ratio 12.1% → 42.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 9 882 NOK → 845.0k NOK (+8450.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.58m NOK → 614.0k NOK (14% → 7% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.36m NOK to 9.07m NOK (-20.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1767.39bn NOK → +299.0k NOK (op. margin 15551840.9% → 3.3%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6.35m NOK → 5.96m NOK (-6.1% YoY). Calculated