ABARILLO AS: årsregnskap 2008 vs 2007
Shrank 12% on revenue
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABARILLO AS. Revenue 1.89m NOK → 1.67m NOK (-11.5%). Equity 816.9k NOK → 384.7k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABARILLO AS.
At a glance
Scorecard
Revenue
1.89m NOK
1.67m NOK
-11.5%
Operating result
+84.3k NOK
-190.3k NOK
-325.8%
Equity
816.9k NOK
384.7k NOK
-52.9%
Total assets
2.79m NOK
2.64m NOK
-5.5%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.89m NOK to 1.67m NOK (-11.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +84.3k NOK → -190.3k NOK (op. margin 4.5% → -11.4%). Calculated
-
↓
Equity eroded
Book equity 816.9k NOK → 384.7k NOK (equity ratio 29.3% → 14.6%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 470.3k NOK → 664.8k NOK (25% → 40% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 912.7k NOK → 660.3k NOK (-27.7% YoY). Calculated