ABO MASKIN AS: årsregnskap 2009 vs 2008
Shrank 10% on revenue, stronger earnings
approved 2010-06-22; registry 2010-06-28; journal 2010 463787
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ABO MASKIN AS. Revenue 2.14m NOK → 1.93m NOK (-9.9%). Net result +135.4k NOK → +228.0k NOK.
On the constructive side: operating result improved; net result improved; current ratio back above 1×. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABO MASKIN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +163.7k NOK → +257.4k NOK (op. margin 7.6% → 13.3%). Calculated
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↑
Net result improved
Net result +135.4k NOK → +228.0k NOK (net margin 6.3% → 11.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.77× → 1.30×. Calculated
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↑
Payroll decreased
Salary cost 654.4k NOK → 607.0k NOK (31% → 31% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.14m NOK to 1.93m NOK (-9.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 312.3k NOK → 165.1k NOK (-47.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 30.0k NOK → 10.0k NOK. Reported fact