Org.nr 935 693 462 2008 → 2009 Year-over-year analysis

ABL NORWAY AS: årsregnskap 2009 vs 2008

Shrank 31% on revenue

approved 2010-04-21; registry 2010-05-08

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ABL NORWAY AS. Revenue 35.19m NOK → 24.33m NOK (-30.9%). Equity 13.23m NOK → 7.77m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

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

At a glance

Revenue

35.19m NOK 24.33m NOK

-30.9%

Equity

13.23m NOK 7.77m NOK

-41.3%

Cash

1.72m NOK 2.52m NOK

+46.5%

Total assets

26.68m NOK 22.42m NOK

-15.9%

↑
Cash rose

Bank deposits 1.72m NOK → 2.52m NOK (+46.5% YoY). Calculated
↑
Payroll decreased

Salary cost 11.46m NOK → 9.23m NOK (33% → 38% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 35.19m NOK to 24.33m NOK (-30.9% YoY). Calculated
↓
Equity eroded

Book equity 13.23m NOK → 7.77m NOK (equity ratio 49.6% → 34.7%). Calculated

·
COGS fell

COGS / varekostnad 13.43m NOK → 10.29m NOK (-23.4% YoY). Calculated