ABICON AS: årsregnskap 2008 vs 2007
Grew 9% on revenue, slipped into loss
approved 2009-06-30; registry 2009-07-30
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABICON AS. Revenue 588.6k NOK → 643.0k NOK (+9.2%). Net result +138.4k NOK → -72.7k NOK. Equity 1.82m NOK → 1.74m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 588.6k NOK to 643.0k NOK (+9.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +333.5k NOK → +213.7k NOK (op. margin 56.7% → 33.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 138.4k NOK profit to a loss of 72.7k NOK. Calculated
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↓
Equity eroded
Book equity 1.82m NOK → 1.74m NOK (equity ratio 37.1% → 35.3%). Calculated
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↓
Cash fell
Bank deposits 308.8k NOK → 197.8k NOK (-35.9% YoY). Calculated