ABO SERVICE AS: årsregnskap 2008 vs 2007
Grew 12% on revenue, weaker earnings
approved 2009-06-30; registry 2009-09-15
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABO SERVICE AS. Revenue 3.24m NOK → 3.62m NOK (+11.9%). Net result +283.4k NOK → +120.4k NOK. Equity 598.1k NOK → 718.5k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABO SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.24m NOK to 3.62m NOK (+11.9% YoY). Calculated
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↑
Equity strengthened
Book equity 598.1k NOK → 718.5k NOK (equity ratio 45.2% → 43.8%). Calculated
What deteriorated
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↓
Net result weakened
Net result +283.4k NOK → +120.4k NOK (net margin 8.8% → 3.3%). Calculated
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↓
Cash fell
Bank deposits 357.4k NOK → 249.7k NOK (-30.1% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 318.8k NOK → 324.1k NOK (+1.7% YoY). Calculated