Org.nr 981 363 019 2008 → 2009 Year-over-year analysis

ABBOTT DIAGNOSTICS TECHNOLOGIES AS: årsregnskap 2009 vs 2008

Grew 23% on revenue, weaker earnings

Full company analysis · All year comparisons

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.

Scorecard

Revenue
295.69m NOK 363.05m NOK
+22.8%
Operating result
+68.83m NOK +12.11m NOK
-82.4%
Net result
+70.50m NOK +19.77m NOK
-72.0%
Equity
85.32m NOK 154.54m NOK
+81.1%
Total assets
684.47m NOK 685.53m NOK
+0.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 295.69m NOK to 363.05m NOK (+22.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 85.32m NOK → 154.54m NOK (equity ratio 12.5% → 22.5%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +68.83m NOK → +12.11m NOK (op. margin 23.3% → 3.3%). Calculated

  • ↓

    Net result weakened

    Net result +70.50m NOK → +19.77m NOK (net margin 23.8% → 5.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 134.89m NOK → 140.48m NOK (46% → 39% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 86.98m NOK → 96.68m NOK (+11.1% YoY). Calculated