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Org.nr 987 493 348 2009 → 2010 Year-over-year analysis

ABACUS IT AS: årsregnskap 2010 vs 2009

Stronger earnings

approved 2011-05-23; registry 2011-06-08; journal 2011 388347

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ABACUS IT AS. Revenue 14.39m NOK → 15.02m NOK (+4.4%). Net result +47.4k NOK → +217.1k NOK. Equity 362.8k NOK → 579.9k NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABACUS IT AS.

At a glance

Scorecard

Revenue
14.39m NOK 15.02m NOK
+4.4%
Operating result
+192.8k NOK +357.4k NOK
+85.4%
Net result
+47.4k NOK +217.1k NOK
+358.0%
Equity
362.8k NOK 579.9k NOK
+59.8%
Cash
58.3k NOK n/m
—
Total assets
4.63m NOK 4.62m NOK
-0.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.39m NOK to 15.02m NOK (+4.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +192.8k NOK → +357.4k NOK (op. margin 1.3% → 2.4%). Calculated

  • ↑

    Net result improved

    Net result +47.4k NOK → +217.1k NOK (net margin 0.3% → 1.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 362.8k NOK → 579.9k NOK (equity ratio 7.8% → 12.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 7.21m NOK → 7.01m NOK (50% → 47% of revenue). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 830.3k NOK → 5.50m NOK (+562.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 37.9k NOK → 15.0k NOK. Reported fact