ABACUS REGNSKAP AS: årsregnskap 2009 vs 2008
Grew 33% on revenue, cash halved-plus
approved 2010-06-14; registry 2010-06-22; journal 2010 446197
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ABACUS REGNSKAP AS. Revenue 739.7k NOK → 983.2k NOK (+32.9%). Equity 197.2k NOK → 4 729 NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for ABACUS REGNSKAP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 739.7k NOK to 983.2k NOK (+32.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 197.2k NOK → 4 729 NOK (equity ratio 29.5% → 1.1%). Calculated
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↓
Cash fell
Bank deposits 398.5k NOK → 7 243 NOK (-98.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.29× → 0.82× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 105.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 28.5k NOK → 69.8k NOK (+144.8% YoY). Calculated