Org.nr 968 913 468 2008 → 2009 Year-over-year analysis

ABAS AS: årsregnskap 2009 vs 2008

Shrank 27% on revenue

approved 2010-06-17; registry 2010-07-01; journal 2010 477393

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ABAS AS. Revenue 10.14m NOK → 7.43m NOK (-26.7%). Equity 2.10m NOK → 2.20m NOK.

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

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

At a glance

Revenue

10.14m NOK 7.43m NOK

-26.7%

Net result

+721.3k NOK n/m

—

Equity

2.10m NOK 2.20m NOK

+4.5%

Cash

1.01m NOK 968.9k NOK

-4.4%

Total assets

2.76m NOK 3.04m NOK

+10.3%

↑
Equity strengthened

Book equity 2.10m NOK → 2.20m NOK (equity ratio 76.2% → 72.2%). Calculated
↑
Payroll decreased

Salary cost 5.88m NOK → 1.05m NOK (58% → 14% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 10.14m NOK to 7.43m NOK (-26.7% YoY). Calculated
↓
Cash fell

Bank deposits 1.01m NOK → 968.9k NOK (-4.4% YoY). Calculated