ABRY DESIGN AS: årsregnskap 2009 vs 2008
Shrank 23% on revenue
approved 2010-06-29; registry 2010-07-27; journal 2010 552807
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ABRY DESIGN AS. Revenue 3.58m NOK → 2.77m NOK (-22.8%). Equity 793.3k NOK → 709.1k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABRY DESIGN AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.61× → 6.53×. Calculated
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↑
Payroll decreased
Salary cost 3.29m NOK → 2 009 NOK (92% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.58m NOK to 2.77m NOK (-22.8% YoY). Calculated
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↓
Equity eroded
Book equity 793.3k NOK → 709.1k NOK (equity ratio 41.6% → 38.8%). Calculated
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↓
COGS moved
COGS / varekostnad 192.4k NOK → 653.7k NOK (+239.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 707.1k NOK → 554.7k NOK. Reported fact