Org.nr 991 326 804 2008 → 2009 Year-over-year analysis

ABLEMAGIC AS: årsregnskap 2009 vs 2008

Grew 1900% on revenue, stronger earnings

approved 2010-08-11; registry 2010-08-16; journal 2010 593583

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ABLEMAGIC AS. Revenue 20.0k NOK → 400.0k NOK (+1900.0%). Net result +4 027 NOK → +98.4k NOK. Equity 123.7k NOK → 222.2k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
20.0k NOK 400.0k NOK
+1900.0%
Operating result
+5 352 NOK -108.0k NOK
-2118.5%
Net result
+4 027 NOK +98.4k NOK
+2343.7%
Equity
123.7k NOK 222.2k NOK
+79.5%
Cash
199.9k NOK 192.7k NOK
-3.6%
Total assets
250.9k NOK 383.8k NOK
+53.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.0k NOK to 400.0k NOK (+1900.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +4 027 NOK → +98.4k NOK (net margin 20.1% → 24.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 123.7k NOK → 222.2k NOK (equity ratio 49.3% → 57.9%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +5 352 NOK → -108.0k NOK (op. margin 26.8% → -27.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 199.9k NOK → 192.7k NOK (-3.6% YoY). Calculated