FirmaIQ
Org.nr 981 363 019 2009 → 2010 Year-over-year analysis

ABBOTT DIAGNOSTICS TECHNOLOGIES AS: årsregnskap 2010 vs 2009

Grew 7% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ABBOTT DIAGNOSTICS TECHNOLOGIES AS. Revenue 363.05m NOK → 389.79m NOK (+7.4%). Net result +19.77m NOK → +25.38m NOK. Equity 154.54m NOK → 162.50m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

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

Revenue
363.05m NOK 389.79m NOK
+7.4%
Operating result
+12.11m NOK +28.32m NOK
+133.8%
Net result
+19.77m NOK +25.38m NOK
+28.4%
Equity
154.54m NOK 162.50m NOK
+5.1%
Cash
n/m 67.9k NOK
—
Total assets
685.53m NOK 719.48m NOK
+5.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 363.05m NOK to 389.79m NOK (+7.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +12.11m NOK → +28.32m NOK (op. margin 3.3% → 7.3%). Calculated

  • ↑

    Net result improved

    Net result +19.77m NOK → +25.38m NOK (net margin 5.4% → 6.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 154.54m NOK → 162.50m NOK (equity ratio 22.5% → 22.6%). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.02× → 0.78× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 140.48m NOK → 3135966.14bn NOK (39% → 804529153% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 96.68m NOK → 110.94m NOK (+14.7% YoY). Calculated