ABRAHAMSEN EIENDOM AS: årsregnskap 2009 vs 2008
Grew 7% on revenue, stronger earnings
approved 2010-05-27; registry 2010-08-26; journal 2010 647313
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ABRAHAMSEN EIENDOM AS. Revenue 5.90m NOK → 6.33m NOK (+7.3%). Net result +46.7k NOK → +521.7k NOK. Equity 290.5k NOK → 812.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABRAHAMSEN EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.90m NOK to 6.33m NOK (+7.3% YoY). Calculated
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↑
Operating result improved
Operating result +285.5k NOK → +862.9k NOK (op. margin 4.8% → 13.6%). Calculated
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Net result improved
Net result +46.7k NOK → +521.7k NOK (net margin 0.8% → 8.2%). Calculated
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↑
Equity strengthened
Book equity 290.5k NOK → 812.2k NOK (equity ratio 6.5% → 19.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.95× → 1.28×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.21m NOK → 1.09m NOK (-9.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.29m NOK → 1.24m NOK (-3.8% YoY). Calculated