Org.nr 967 688 576 2007 → 2008 Year-over-year analysis

ABACTUS AS: årsregnskap 2008 vs 2007

Grew 354346% on revenue, weaker earnings

approved 2009-06-19; registry 2009-08-27

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ABACTUS AS. Revenue 894 NOK → 3.17m NOK (+354346.3%). Net result +741.0k NOK → +5 228 NOK. Equity 7.68m NOK → 11.91m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABACTUS AS.

Scorecard

Revenue
894 NOK 3.17m NOK
+354346.3%
Operating result
+845.8k NOK +199.1k NOK
-76.5%
Net result
+741.0k NOK +5 228 NOK
-99.3%
Equity
7.68m NOK 11.91m NOK
+55.0%
Cash
6.91m NOK 4.07m NOK
-41.1%
Total assets
10.70m NOK 21.11m NOK
+97.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 894 NOK to 3.17m NOK (+354346.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 7.68m NOK → 11.91m NOK (equity ratio 71.8% → 56.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.19m NOK → 461.5k NOK (357153% → 15% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +845.8k NOK → +199.1k NOK (op. margin 94612.5% → 6.3%). Calculated

  • ↓

    Net result weakened

    Net result +741.0k NOK → +5 228 NOK (net margin 82890.6% → 0.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.91m NOK → 4.07m NOK (-41.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 963 NOK → 4 750 NOK. Reported fact