FirmaIQ
Org.nr 981 363 019 2007 → 2008 Year-over-year analysis

ABBOTT DIAGNOSTICS TECHNOLOGIES AS: årsregnskap 2008 vs 2007

Grew 14% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ABBOTT DIAGNOSTICS TECHNOLOGIES AS. Revenue 258.37m NOK → 295.69m NOK (+14.4%). Net result +29.44m NOK → +70.50m NOK. Equity 150.09m NOK → 85.32m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABBOTT DIAGNOSTICS TECHNOLOGIES AS.

At a glance

Scorecard

Revenue
258.37m NOK 295.69m NOK
+14.4%
Operating result
+27.16m NOK +68.83m NOK
+153.5%
Net result
+29.44m NOK +70.50m NOK
+139.5%
Equity
150.09m NOK 85.32m NOK
-43.2%
Total assets
618.30m NOK 684.47m NOK
+10.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 258.37m NOK to 295.69m NOK (+14.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +27.16m NOK → +68.83m NOK (op. margin 10.5% → 23.3%). Calculated

  • ↑

    Net result improved

    Net result +29.44m NOK → +70.50m NOK (net margin 11.4% → 23.8%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.93× → 840.60×. Calculated

  • ↑

    Payroll decreased

    Salary cost 3.12bn NOK → 134.89m NOK (1208% → 46% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 150.09m NOK → 85.32m NOK (equity ratio 24.3% → 12.5%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 76.55m NOK → 86.98m NOK (+13.6% YoY). Calculated