ABELHUS AS: årsregnskap 2009 vs 2008
Shrank 32% on revenue, weaker earnings, cash halved-plus
approved 2010-04-30; registry 2010-07-08; journal 2010 490041
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ABELHUS AS. Revenue 524.5k NOK → 356.0k NOK (-32.1%). Net result +980.7k NOK → +259.6k NOK. Equity 2.67m NOK → 3.93m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABELHUS AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 2.67m NOK → 3.93m NOK (equity ratio 88.1% → 93.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 524.5k NOK to 356.0k NOK (-32.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +500.1k NOK → +335.1k NOK (op. margin 95.4% → 94.1%). Calculated
-
↓
Net result weakened
Net result +980.7k NOK → +259.6k NOK (net margin 187.0% → 72.9%). Calculated
-
↓
Cash fell
Bank deposits 798.8k NOK → 260.2k NOK (-67.4% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2.57m NOK → 568.1k NOK. Reported fact