Org.nr 889 916 362 2008 → 2009 Year-over-year analysis

ABIDE AS: årsregnskap 2009 vs 2008

Shrank 100% on revenue, stronger earnings

approved 2010-05-25; registry 2010-06-03; journal 2010 399510

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ABIDE AS. Revenue 134.0k NOK → 166 NOK (-99.9%). Net result +39.3k NOK → +218.4k NOK. Equity 1.18m NOK → 1.40m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.

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

Scorecard

Revenue
134.0k NOK 166 NOK
-99.9%
Net result
+39.3k NOK +218.4k NOK
+455.3%
Equity
1.18m NOK 1.40m NOK
+18.5%
Cash
347.0k NOK 414.0k NOK
+19.3%
Total assets
2.70m NOK 2.93m NOK
+8.6%

What improved

  • ↑

    Net result improved

    Net result +39.3k NOK → +218.4k NOK (net margin 29.3% → 131559.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.18m NOK → 1.40m NOK (equity ratio 43.7% → 47.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 347.0k NOK → 414.0k NOK (+19.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 34.2k NOK → 28.5k NOK (26% → 17184% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 134.0k NOK to 166 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.27m NOK → 30.0k NOK. Reported fact