Org.nr 963 695 802 2008 → 2009 Year-over-year analysis

ABC SOLUTIONS HOLDING AS: årsregnskap 2009 vs 2008

Shrank 36% on revenue

approved 2010-06-30; registry 2010-07-21; journal 2010 533937

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ABC SOLUTIONS HOLDING AS. Revenue 6.93m NOK → 4.43m NOK (-36.1%). Equity 1.36m NOK → 1.01m NOK.

Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC SOLUTIONS HOLDING AS.

At a glance

Revenue

6.93m NOK 4.43m NOK

-36.1%

Operating result

n/m -670.0k NOK

—

Equity

1.36m NOK 1.01m NOK

-25.9%

Total assets

2.46m NOK 2.71m NOK

+10.2%

↓
Revenue fell

Operating income / revenue moved from 6.93m NOK to 4.43m NOK (-36.1% YoY). Calculated
↓
Equity eroded

Book equity 1.36m NOK → 1.01m NOK (equity ratio 55.5% → 37.3%). Calculated
↓
Payroll up without matching revenue

Salary cost 966.6k NOK → 1.01m NOK (14% → 23% of revenue). Calculated