Org.nr 962 238 742 2007 → 2008 Year-over-year analysis

ABL GROUP NORWAY AS: årsregnskap 2008 vs 2007

Shrank 28% on revenue, weaker earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ABL GROUP NORWAY AS. Revenue 22.10m NOK → 15.99m NOK (-27.6%). Net result +5.61m NOK → +4.00m NOK. Equity 1.57m NOK → 1.09m NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
22.10m NOK 15.99m NOK
-27.6%
Operating result
+7.92m NOK +5.12m NOK
-35.4%
Net result
+5.61m NOK +4.00m NOK
-28.6%
Equity
1.57m NOK 1.09m NOK
-30.5%
Cash
11.45m NOK 7.60m NOK
-33.7%
Total assets
15.48m NOK n/m
—

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 1.05m NOK → 1.11m NOK (+59.1k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 22.10m NOK to 15.99m NOK (-27.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +7.92m NOK → +5.12m NOK (op. margin 35.8% → 32.0%). Calculated

  • ↓

    Net result weakened

    Net result +5.61m NOK → +4.00m NOK (net margin 25.4% → 25.0%). Calculated

  • ↓

    Equity eroded

    Book equity 1.57m NOK → 1.09m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 11.45m NOK → 7.60m NOK (-33.7% YoY). Calculated