FirmaIQ
Org.nr 985 873 305 2008 → 2009 Year-over-year analysis

ABA TRANSPORT AS: årsregnskap 2009 vs 2008

Shrank 34% on revenue, stronger earnings, cash halved-plus

approved 2010-06-30; registry 2010-09-02; journal 2010 682902

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ABA TRANSPORT AS. Revenue 9.07m NOK → 5.95m NOK (-34.4%). Net result +91.1k NOK → +309.0k NOK. Equity 1.83m NOK → 1.64m NOK.

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

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

At a glance

Scorecard

Revenue
9.07m NOK 5.95m NOK
-34.4%
Operating result
+299.0k NOK +513.86bn NOK
+171880613.2%
Net result
+91.1k NOK +309.0k NOK
+239.3%
Equity
1.83m NOK 1.64m NOK
-10.4%
Cash
845.0k NOK 143.3k NOK
-83.0%
Total assets
4.29m NOK 3.90m NOK
-9.1%

What improved

  • ↑

    Operating result improved

    Operating result +299.0k NOK → +513.86bn NOK (op. margin 3.3% → 8635906.5%). Calculated

  • ↑

    Net result improved

    Net result +91.1k NOK → +309.0k NOK (net margin 1.0% → 5.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.07m NOK to 5.95m NOK (-34.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.83m NOK → 1.64m NOK (equity ratio 42.7% → 42.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 845.0k NOK → 143.3k NOK (-83.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 614.0k NOK → 1.13m NOK (7% → 19% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 5.96m NOK → 2.34m NOK (-60.7% YoY). Calculated