FirmaIQ
Org.nr 987 493 348 2007 → 2008 Year-over-year analysis

ABACUS IT AS: årsregnskap 2008 vs 2007

Grew 18% on revenue, weaker earnings

approved 2009-05-05; registry 2009-09-07

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ABACUS IT AS. Revenue 5.19m NOK → 6.14m NOK (+18.3%). Net result +165.6k NOK → +75.3k NOK. Equity 240.2k NOK → 315.4k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABACUS IT AS.

At a glance

Scorecard

Revenue
5.19m NOK 6.14m NOK
+18.3%
Operating result
+77 NOK +101.92m NOK
+132365142.9%
Net result
+165.6k NOK +75.3k NOK
-54.6%
Equity
240.2k NOK 315.4k NOK
+31.3%
Cash
329.1k NOK 301.2k NOK
-8.5%
Total assets
1.77m NOK 1.57m NOK
-11.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.19m NOK to 6.14m NOK (+18.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +77 NOK → +101.92m NOK (op. margin 0.0% → 1658.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 240.2k NOK → 315.4k NOK (equity ratio 13.6% → 20.1%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +165.6k NOK → +75.3k NOK (net margin 3.2% → 1.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 329.1k NOK → 301.2k NOK (-8.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 930.0k NOK → 911.5k NOK (-2.0% YoY). Calculated