ABK MACHINES AS: årsregnskap 2009 vs 2008
Grew 102% on revenue, cash halved-plus
approved 2010-09-02; registry 2010-09-18; journal 2010 759215
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ABK MACHINES AS. Revenue 1.90m NOK → 3.82m NOK (+101.6%).
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABK MACHINES AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.90m NOK to 3.82m NOK (+101.6% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.92× → 1.57×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +231.5k NOK → -37.2k NOK (op. margin 12.2% → -1.0%). Calculated
-
↓
Cash fell
Bank deposits 89.1k NOK → 42.5k NOK (-52.3% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 4 NOK → 77.4k NOK (0% → 2% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 1.07m NOK → 3.64m NOK (+238.8% YoY). Calculated