Org.nr 992 294 019 2008 → 2009 Year-over-year analysis

ABC TURBUSSER AS: årsregnskap 2009 vs 2008

Shrank 33% on revenue

approved 2010-06-09; registry 2010-06-16; journal 2010 425987

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ABC TURBUSSER AS. Revenue 1.80m NOK → 1.20m NOK (-33.3%). Equity 84.7k NOK → -243.9k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABC TURBUSSER AS.

At a glance

Revenue

1.80m NOK 1.20m NOK

-33.3%

Operating result

+90.8k NOK n/m

—

Equity

84.7k NOK -243.9k NOK

-388.2%

Cash

455.6k NOK 239.7k NOK

-47.4%

Total assets

1.44m NOK 854.3k NOK

-40.6%

↓
Revenue fell

Operating income / revenue moved from 1.80m NOK to 1.20m NOK (-33.3% YoY). Calculated
↓
Equity eroded

Book equity 84.7k NOK → -243.9k NOK (equity ratio 5.9% → -28.6%). Calculated
↓
Cash fell

Bank deposits 455.6k NOK → 239.7k NOK (-47.4% YoY). Calculated

·
Thin equity buffer

Equity ratio is -28.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 117.9k NOK → 83.5k NOK (-29.2% YoY). Calculated