Org.nr 910 301 268 2008 → 2009 Year-over-year analysis

ABBH AS: årsregnskap 2009 vs 2008

Grew 87113% on revenue

approved 2010-04-26; registry 2010-06-10; journal 2010 418795

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ABBH AS. Revenue 200.0k NOK → 174.46m NOK (+87113.5%). Equity 139.24m NOK → 2.15m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABBH AS.

At a glance

Revenue

200.0k NOK 174.46m NOK

+87113.5%

Net result

n/m 0 NOK

—

Equity

139.24m NOK 2.15m NOK

-98.5%

Cash

116.3k NOK 28.54m NOK

+24433.2%

Total assets

281.18m NOK 251.83m NOK

-10.4%

↑
Revenue rose

Operating income / revenue moved from 200.0k NOK to 174.46m NOK (+87113.5% YoY). Calculated
↑
Cash rose

Bank deposits 116.3k NOK → 28.54m NOK (+24433.2% YoY). Calculated

↓
Equity eroded

Book equity 139.24m NOK → 2.15m NOK (equity ratio 49.5% → 0.9%). Calculated

·
Thin equity buffer

Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 31.61m NOK → 27.06m NOK (-14.4% YoY). Calculated
·
Book investments changed

Investment / intangible book value 686.0k NOK → 990 NOK. Reported fact