ABACUS HOLDING AS: årsregnskap 2008 vs 2007
Stronger earnings
approved 2009-06-02; registry 2009-06-08
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABACUS HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +128.6k NOK → +206.6k NOK. Equity 1.74m NOK → 976.4k NOK.
On the constructive side: net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Net result
+128.6k NOK
+206.6k NOK
+60.7%
Equity
1.74m NOK
976.4k NOK
-43.9%
Cash
127.8k NOK
103.6k NOK
-18.9%
Total assets
1.91m NOK
1.95m NOK
+2.1%
What improved
-
↑
Net result improved
Net result +128.6k NOK → +206.6k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 1.74m NOK → 976.4k NOK (equity ratio 91.3% → 50.1%). Calculated
-
↓
Cash fell
Bank deposits 127.8k NOK → 103.6k NOK (-18.9% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.77× → 0.69× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated