ABBOTT DIAGNOSTICS TECHNOLOGIES AS: årsregnskap 2009 vs 2008
Grew 23% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ABBOTT DIAGNOSTICS TECHNOLOGIES AS. Revenue 295.69m NOK → 363.05m NOK (+22.8%). Net result +70.50m NOK → +19.77m NOK. Equity 85.32m NOK → 154.54m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABBOTT DIAGNOSTICS TECHNOLOGIES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 295.69m NOK to 363.05m NOK (+22.8% YoY). Calculated
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↑
Equity strengthened
Book equity 85.32m NOK → 154.54m NOK (equity ratio 12.5% → 22.5%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +68.83m NOK → +12.11m NOK (op. margin 23.3% → 3.3%). Calculated
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↓
Net result weakened
Net result +70.50m NOK → +19.77m NOK (net margin 23.8% → 5.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 134.89m NOK → 140.48m NOK (46% → 39% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 86.98m NOK → 96.68m NOK (+11.1% YoY). Calculated