ABRY DESIGN AS: årsregnskap 2008 vs 2007
Shrank 23% on revenue
approved 2009-06-01; registry 2009-06-08
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABRY DESIGN AS. Revenue 4.66m NOK → 3.58m NOK (-23.1%). Equity 717.7k NOK → 793.3k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABRY DESIGN AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 717.7k NOK → 793.3k NOK (equity ratio 26.8% → 41.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.66m NOK to 3.58m NOK (-23.1% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.06× → 0.61× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 007 NOK → 3.29m NOK (0% → 92% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 552.3k NOK → 192.4k NOK (-65.2% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 815.8k NOK → 707.1k NOK. Reported fact