Org.nr 976 686 128 2008 → 2009 Year-over-year analysis

ABORDA STILLAS AS: årsregnskap 2009 vs 2008

Shrank 24% on revenue, weaker earnings

approved 2010-06-01; registry 2010-07-19; journal 2010 519208

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ABORDA STILLAS AS. Revenue 2.75m NOK → 2.08m NOK (-24.5%). Net result -376.3k NOK → -609.2k NOK. Equity 967.0k NOK → 357.9k NOK.

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

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

Scorecard

Revenue
2.75m NOK 2.08m NOK
-24.5%
Net result
-376.3k NOK -609.2k NOK
-61.9%
Equity
967.0k NOK 357.9k NOK
-63.0%
Cash
272 NOK 4 622 NOK
+1599.3%
Total assets
4.29m NOK 3.21m NOK
-25.2%

What improved

  • ↑

    Cash rose

    Bank deposits 272 NOK → 4 622 NOK (+1599.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.75m NOK to 2.08m NOK (-24.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result -376.3k NOK → -609.2k NOK (net margin -13.7% → -29.4%). Calculated

  • ↓

    Equity eroded

    Book equity 967.0k NOK → 357.9k NOK (equity ratio 22.5% → 11.1%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 15.3k NOK → 9 678 NOK (-36.9% YoY). Calculated