Org.nr 964 091 277 2008 → 2009 Year-over-year analysis

ABACUS RATIO AS: årsregnskap 2009 vs 2008

Shrank 26% on revenue

approved 2010-04-28; registry 2010-05-06

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ABACUS RATIO AS. Revenue 76.37m NOK → 56.14m NOK (-26.5%). Equity 5.41m NOK → 5.49m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

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

At a glance

Revenue

76.37m NOK 56.14m NOK

-26.5%

Operating result

n/m -191.8k NOK

—

Net result

n/m +76.3k NOK

—

Equity

5.41m NOK 5.49m NOK

+1.4%

Cash

511.3k NOK 361.7k NOK

-29.3%

Total assets

23.41m NOK 20.23m NOK

-13.6%

↑
Equity strengthened

Book equity 5.41m NOK → 5.49m NOK (equity ratio 23.1% → 27.1%). Calculated
↑
Payroll decreased

Salary cost 36.94m NOK → 25.28m NOK (48% → 45% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 76.37m NOK to 56.14m NOK (-26.5% YoY). Calculated
↓
Cash fell

Bank deposits 511.3k NOK → 361.7k NOK (-29.3% YoY). Calculated

·
COGS fell

COGS / varekostnad 32.13m NOK → 20.25m NOK (-37.0% YoY). Calculated
·
Book investments changed

Investment / intangible book value 463.4k NOK → 5 463 NOK. Reported fact