Org.nr 929 378 024 2007 → 2008 Year-over-year analysis

ABSALONSEN TRANSPORT AS: årsregnskap 2008 vs 2007

Shrank 72% on revenue

approved 2009-06-30; registry 2009-09-12

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ABSALONSEN TRANSPORT AS. Revenue 6.76m NOK → 1.89m NOK (-72.1%). Equity -136.2k NOK → -33.3k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

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

At a glance

Revenue

6.76m NOK 1.89m NOK

-72.1%

Operating result

n/m +323.1k NOK

—

Equity

-136.2k NOK -33.3k NOK

+75.5%

Total assets

1.96m NOK 1.46m NOK

-25.4%

↑
Equity strengthened

Book equity -136.2k NOK → -33.3k NOK (equity ratio -7.0% → -2.3%). Calculated

↓
Revenue fell

Operating income / revenue moved from 6.76m NOK to 1.89m NOK (-72.1% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1.34m NOK → 3.33m NOK (20% → 177% of revenue). Calculated