FirmaIQ
Org.nr 925 102 423 2007 → 2008 Year-over-year analysis

ABEL FINANS AS: årsregnskap 2008 vs 2007

Grew 8% on revenue, stronger earnings

approved 2009-06-12; registry 2009-08-22

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ABEL FINANS AS. Revenue 370.3k NOK → 399.7k NOK (+7.9%). Net result +122.7k NOK → +231.9k NOK. Equity 1.82m NOK → 1.78m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABEL FINANS AS.

At a glance

Scorecard

Revenue
370.3k NOK 399.7k NOK
+7.9%
Operating result
+196.9k NOK +284.5k NOK
+44.5%
Net result
+122.7k NOK +231.9k NOK
+89.0%
Equity
1.82m NOK 1.78m NOK
-2.4%
Total assets
2.33m NOK 2.59m NOK
+10.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 370.3k NOK to 399.7k NOK (+7.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +196.9k NOK → +284.5k NOK (op. margin 53.2% → 71.2%). Calculated

  • ↑

    Net result improved

    Net result +122.7k NOK → +231.9k NOK (net margin 33.1% → 58.0%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.82m NOK → 1.78m NOK (equity ratio 78.0% → 68.7%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 835.0k NOK → 972.4k NOK. Reported fact