ABACUS ØKONOMITJENESTER AS: årsregnskap 2008 vs 2007
Grew 24% on revenue, stronger earnings, fresh owner capital
approved 2009-05-08; registry 2009-05-12
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABACUS ØKONOMITJENESTER AS. Revenue 5.06m NOK → 6.29m NOK (+24.4%). Net result +250.14m NOK → +334.40m NOK. Equity 284.2k NOK → 285.6k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABACUS ØKONOMITJENESTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.06m NOK to 6.29m NOK (+24.4% YoY). Calculated
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↑
Net result improved
Net result +250.14m NOK → +334.40m NOK (net margin 4944.8% → 5313.7%). Calculated
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↑
Equity strengthened
Book equity 284.2k NOK → 285.6k NOK (equity ratio 13.8% → 11.8%). Calculated
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↑
Cash rose
Bank deposits 375.2k NOK → 550.2k NOK (+46.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.94× → 1.01×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +367.39m NOK → +483 NOK (op. margin 7262.7% → 0.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.39m NOK → 4.20m NOK (67% → 67% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 39.6k NOK → 29.7k NOK (-25.0% YoY). Calculated