FirmaIQ
Org.nr 982 753 589 2008 → 2009 Year-over-year analysis

ABORA PROSJEKT AS: årsregnskap 2009 vs 2008

Shrank 21% on revenue, weaker earnings

approved 2010-05-06; registry 2010-05-15

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ABORA PROSJEKT AS. Revenue 43.19m NOK → 34.28m NOK (-20.6%). Net result +2.03m NOK → +777.3k NOK. Equity 6.57m NOK → 7.34m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABORA PROSJEKT AS.

At a glance

Scorecard

Revenue
43.19m NOK 34.28m NOK
-20.6%
Operating result
+2.74m NOK +1.05m NOK
-61.7%
Net result
+2.03m NOK +777.3k NOK
-61.7%
Equity
6.57m NOK 7.34m NOK
+11.8%
Cash
3.08m NOK 4.14m NOK
+34.1%
Total assets
13.84m NOK 14.73m NOK
+6.5%

What improved

  • ↑

    Equity strengthened

    Book equity 6.57m NOK → 7.34m NOK (equity ratio 47.5% → 49.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.08m NOK → 4.14m NOK (+34.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 43.19m NOK to 34.28m NOK (-20.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.74m NOK → +1.05m NOK (op. margin 6.3% → 3.1%). Calculated

  • ↓

    Net result weakened

    Net result +2.03m NOK → +777.3k NOK (net margin 4.7% → 2.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 12.02m NOK → 13.04m NOK (28% → 38% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 26.34m NOK → 17.73m NOK (-32.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 11.3k NOK → 20.9k NOK. Reported fact