Org.nr 888 023 852 2008 → 2009 Year-over-year analysis

ABACUS HOLDING AS: årsregnskap 2009 vs 2008

Slipped into loss, cash halved-plus

approved 2010-03-16; registry 2010-03-20

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ABACUS HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +206.6k NOK → -3.97m NOK. Equity 976.4k NOK → 738.0k NOK.

Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABACUS HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Net result
+206.6k NOK -3.97m NOK
-2021.9%
Equity
976.4k NOK 738.0k NOK
-24.4%
Cash
103.6k NOK 2 628 NOK
-97.5%
Total assets
1.95m NOK 2.35m NOK
+20.7%

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 206.6k NOK profit to a loss of 3.97m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 976.4k NOK → 738.0k NOK (equity ratio 50.1% → 31.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 103.6k NOK → 2 628 NOK (-97.5% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 180.0k NOK → 906 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.28m NOK → 2.01m NOK. Reported fact