Org.nr 945 817 577 2007 → 2008 Year-over-year analysis

ABILITY KOMPETANSE AS: årsregnskap 2008 vs 2007

Shrank 45% on revenue, slipped into loss

approved 2009-06-19; registry 2009-09-23

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ABILITY KOMPETANSE AS. Revenue 202.4k NOK → 110.8k NOK (-45.3%). Net result +28.4k NOK → -47.4k NOK. Equity 138.1k NOK → 90.7k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABILITY KOMPETANSE AS.

Scorecard

Revenue
202.4k NOK 110.8k NOK
-45.3%
Operating result
+30.8k NOK -49.7k NOK
-261.4%
Net result
+28.4k NOK -47.4k NOK
-267.0%
Equity
138.1k NOK 90.7k NOK
-34.3%
Total assets
201.1k NOK 165.9k NOK
-17.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 202.4k NOK to 110.8k NOK (-45.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +30.8k NOK → -49.7k NOK (op. margin 15.2% → -44.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 28.4k NOK profit to a loss of 47.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 138.1k NOK → 90.7k NOK (equity ratio 68.7% → 54.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 34.9k NOK → 27.7k NOK (-20.5% YoY). Calculated