FirmaIQ
Org.nr 982 741 076 2008 → 2009 Year-over-year analysis

ABACUS ØKONOMITJENESTER AS: årsregnskap 2009 vs 2008

Shrank 12% on revenue, weaker earnings

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

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ABACUS ØKONOMITJENESTER AS. Revenue 6.29m NOK → 5.54m NOK (-11.9%). Net result +334.40m NOK → +108.49m NOK. Equity 285.6k NOK → 354.5k NOK.

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

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

At a glance

Scorecard

Revenue
6.29m NOK 5.54m NOK
-11.9%
Operating result
+483 NOK +161.48m NOK
+33432298.1%
Net result
+334.40m NOK +108.49m NOK
-67.6%
Equity
285.6k NOK 354.5k NOK
+24.1%
Cash
550.2k NOK 482.9k NOK
-12.2%
Total assets
2.42m NOK 1.97m NOK
-18.5%

What improved

  • ↑

    Operating result improved

    Operating result +483 NOK → +161.48m NOK (op. margin 0.0% → 2913.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 285.6k NOK → 354.5k NOK (equity ratio 11.8% → 18.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.20m NOK → 3.92m NOK (67% → 71% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.29m NOK to 5.54m NOK (-11.9% YoY). Calculated

  • ↓

    Net result weakened

    Net result +334.40m NOK → +108.49m NOK (net margin 5313.7% → 1957.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 550.2k NOK → 482.9k NOK (-12.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 29.7k NOK → 19.1k NOK (-35.8% YoY). Calculated