FirmaIQ
Org.nr 937 634 714 2007 → 2008 Year-over-year analysis

ABRAHAMSEN DAGLIGVARE AS: årsregnskap 2008 vs 2007

Mixed movements in the accounts

approved 2009-12-18; registry 2009-12-30

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ABRAHAMSEN DAGLIGVARE AS. Revenue 4.32m NOK → 4.44m NOK (+2.8%). Equity -90.3k NOK → -105.2k NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABRAHAMSEN DAGLIGVARE AS.

At a glance

Scorecard

Revenue
4.32m NOK 4.44m NOK
+2.8%
Net result
+35.0k NOK n/m
—
Equity
-90.3k NOK -105.2k NOK
-16.5%
Cash
160.4k NOK 190.5k NOK
+18.7%
Total assets
859.4k NOK 791.8k NOK
-7.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.32m NOK to 4.44m NOK (+2.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 160.4k NOK → 190.5k NOK (+18.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 7.44m NOK → 7.38m NOK (172% → 166% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -90.3k NOK → -105.2k NOK (equity ratio -10.5% → -13.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -13.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 3.31m NOK → 3.37m NOK (+1.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 25.9k NOK → 250 NOK. Reported fact