ABECO AS: årsregnskap 2008 vs 2007
Shrank 84% on revenue, slipped into loss
approved 2009-06-04; registry 2009-06-24
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABECO AS. Revenue 1.24m NOK → 195.3k NOK (-84.2%). Net result +2 072 NOK → -45.0k NOK. Equity 186.8k NOK → 142.5k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 166.4k NOK → 202.9k NOK (+21.9% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.24m NOK to 195.3k NOK (-84.2% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 2 072 NOK profit to a loss of 45.0k NOK. Calculated
-
↓
Equity eroded
Book equity 186.8k NOK → 142.5k NOK (equity ratio 44.5% → 42.3%). Calculated
-
↓
COGS moved
COGS / varekostnad -1.11m NOK → 1.12m NOK (+201.5% YoY). Calculated