FirmaIQ
Org.nr 984 890 788 2007 → 2008 Year-over-year analysis

ABC SYNSKIRURGI AS: årsregnskap 2008 vs 2007

Grew 9% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ABC SYNSKIRURGI AS. Revenue 12.97m NOK → 14.20m NOK (+9.5%). Net result +1.54m NOK → +1.93m NOK. Equity 639.2k NOK → 2 311 NOK.

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

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABC SYNSKIRURGI AS.

At a glance

Scorecard

Revenue
12.97m NOK 14.20m NOK
+9.5%
Operating result
+2.13m NOK n/m
—
Net result
+1.54m NOK +1.93m NOK
+25.4%
Equity
639.2k NOK 2 311 NOK
-99.6%
Cash
1.27m NOK 1.41m NOK
+10.9%
Total assets
3.71m NOK 6.68m NOK
+79.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.97m NOK to 14.20m NOK (+9.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.54m NOK → +1.93m NOK (net margin 11.9% → 13.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.27m NOK → 1.41m NOK (+10.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 639.2k NOK → 2 311 NOK (equity ratio 17.2% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 8 NOK → 2.37m NOK (0% → 17% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3.30m NOK → 4.42m NOK (+34.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 1.00m NOK. Reported fact