Org.nr 942 988 419 2008 → 2009 Year-over-year analysis

ABICON AS: årsregnskap 2009 vs 2008

Grew 8% on revenue, returned to profit

approved 2010-06-30; registry 2010-08-02; journal 2010 564918

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ABICON AS. Revenue 643.0k NOK → 695.7k NOK (+8.2%). Net result -72.7k NOK → +192.3k NOK. Equity 1.74m NOK → 1.94m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ABICON AS.

Scorecard

Revenue
643.0k NOK 695.7k NOK
+8.2%
Operating result
+213.7k NOK +481.7k NOK
+125.4%
Net result
-72.7k NOK +192.3k NOK
+364.5%
Equity
1.74m NOK 1.94m NOK
+11.0%
Cash
197.8k NOK 111.8k NOK
-43.5%
Total assets
4.94m NOK 5.03m NOK
+1.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 643.0k NOK to 695.7k NOK (+8.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +213.7k NOK → +481.7k NOK (op. margin 33.2% → 69.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 72.7k NOK to a profit of 192.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.74m NOK → 1.94m NOK (equity ratio 35.3% → 38.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 197.8k NOK → 111.8k NOK (-43.5% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact