Org.nr 979 494 432 2008 → 2009 Year-over-year analysis

ABO INSTALLASJON AS: årsregnskap 2009 vs 2008

Shrank 13% on revenue, cash halved-plus

approved 2010-06-30; registry 2010-08-31; journal 2010 663609

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ABO INSTALLASJON AS. Revenue 9.99m NOK → 8.67m NOK (-13.2%). Equity 489.5k NOK → 611.9k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

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

At a glance

Revenue

9.99m NOK 8.67m NOK

-13.2%

Operating result

+1.89m NOK n/m

—

Net result

+336.6k NOK n/m

—

Equity

489.5k NOK 611.9k NOK

+25.0%

Cash

965.9k NOK 103.9k NOK

-89.2%

Total assets

4.66m NOK 4.46m NOK

-4.2%

↑
Equity strengthened

Book equity 489.5k NOK → 611.9k NOK (equity ratio 10.5% → 13.7%). Calculated

↓
Revenue fell

Operating income / revenue moved from 9.99m NOK to 8.67m NOK (-13.2% YoY). Calculated
↓
Cash fell

Bank deposits 965.9k NOK → 103.9k NOK (-89.2% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 3.62m NOK → 3.80m NOK (36% → 44% of revenue). Calculated