Org.nr 980 511 103 2007 → 2008 Year-over-year analysis

ABACUS AS: årsregnskap 2008 vs 2007

Grew 7% on revenue, stronger earnings

approved 2009-05-29; registry 2009-09-02

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ABACUS AS. Revenue 1.28m NOK → 1.36m NOK (+6.5%). Net result +63.9k NOK → +105.3k NOK. Equity 379.9k NOK → 485.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABACUS AS.

Scorecard

Revenue
1.28m NOK 1.36m NOK
+6.5%
Operating result
+72.9k NOK +206.5k NOK
+183.4%
Net result
+63.9k NOK +105.3k NOK
+65.0%
Equity
379.9k NOK 485.2k NOK
+27.7%
Cash
289.5k NOK 350.6k NOK
+21.1%
Total assets
628.4k NOK 762.8k NOK
+21.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.28m NOK to 1.36m NOK (+6.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +72.9k NOK → +206.5k NOK (op. margin 5.7% → 15.2%). Calculated

  • ↑

    Net result improved

    Net result +63.9k NOK → +105.3k NOK (net margin 5.0% → 7.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 379.9k NOK → 485.2k NOK (equity ratio 60.5% → 63.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 289.5k NOK → 350.6k NOK (+21.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 781.9k NOK → 818.5k NOK (61% → 60% of revenue). Calculated