Org.nr 987 794 712 2007 → 2008 Year-over-year analysis

ABC-TAKST AS: årsregnskap 2008 vs 2007

Mixed movements in the accounts

approved 2009-06-30; registry 2009-09-05

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ABC-TAKST AS. Revenue 569.9k NOK → 555.8k NOK (-2.5%). Equity 4 263 NOK → -24.8k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABC-TAKST AS.

Scorecard

Revenue
569.9k NOK 555.8k NOK
-2.5%
Operating result
+102.2k NOK -37.7k NOK
-136.8%
Equity
4 263 NOK -24.8k NOK
-681.3%
Cash
96.1k NOK 229.5k NOK
+138.8%
Total assets
259.4k NOK 347.7k NOK
+34.0%

What improved

  • ↑

    Cash rose

    Bank deposits 96.1k NOK → 229.5k NOK (+138.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 569.9k NOK to 555.8k NOK (-2.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +102.2k NOK → -37.7k NOK (op. margin 17.9% → -6.8%). Calculated

  • ↓

    Equity eroded

    Book equity 4 263 NOK → -24.8k NOK (equity ratio 1.6% → -7.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 144.3k NOK → 240.6k NOK (25% → 43% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -7.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation