FirmaIQ
Org.nr 989 332 287 2007 → 2008 Year-over-year analysis

ABACOS CONSULTING AS: årsregnskap 2008 vs 2007

Grew 7% on revenue, stronger earnings, cash halved-plus

approved 2009-04-30; registry 2009-05-13

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ABACOS CONSULTING AS. Revenue 1.62m NOK → 1.73m NOK (+7.1%). Net result +602.1k NOK → +727.2k NOK. Equity 719.7k NOK → 129.0k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.62m NOK 1.73m NOK
+7.1%
Operating result
+840.1k NOK +995.5k NOK
+18.5%
Net result
+602.1k NOK +727.2k NOK
+20.8%
Equity
719.7k NOK 129.0k NOK
-82.1%
Cash
970.6k NOK 1 127 NOK
-99.9%
Total assets
1.14m NOK 1.29m NOK
+13.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.62m NOK to 1.73m NOK (+7.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +840.1k NOK → +995.5k NOK (op. margin 51.9% → 57.4%). Calculated

  • ↑

    Net result improved

    Net result +602.1k NOK → +727.2k NOK (net margin 37.2% → 41.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.61m NOK → 609.6k NOK (223% → 35% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 719.7k NOK → 129.0k NOK (equity ratio 63.3% → 10.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 970.6k NOK → 1 127 NOK (-99.9% YoY). Calculated