ABELON TECHNOLOGY AS: årsregnskap 2009 vs 2008
Grew 48% on revenue, weaker earnings
approved 2010-02-19; registry 2010-09-04; journal 2010 704074
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ABELON TECHNOLOGY AS. Revenue 236.1k NOK → 349.2k NOK (+47.9%). Net result +97.4k NOK → +10.1k NOK. Equity 197.4k NOK → 207.5k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ABELON TECHNOLOGY AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 236.1k NOK to 349.2k NOK (+47.9% YoY). Calculated
-
↑
Equity strengthened
Book equity 197.4k NOK → 207.5k NOK (equity ratio 58.7% → 51.2%). Calculated
-
↑
Cash rose
Bank deposits 2 144 NOK → 124.5k NOK (+5705.1% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +147.0k NOK → +13.3k NOK (op. margin 62.3% → 3.8%). Calculated
-
↓
Net result weakened
Net result +97.4k NOK → +10.1k NOK (net margin 41.2% → 2.9%). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 190.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Payroll increased
Salary cost 2 NOK → 1.06m NOK (0% → 304% of revenue). Calculated