FirmaIQ
Org.nr 989 159 429 2008 → 2009 Year-over-year analysis

ABSOLUTE AS: årsregnskap 2009 vs 2008

Shrank 64% on revenue, weaker earnings

approved 2010-02-05; registry 2010-07-14; journal 2010 503298

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ABSOLUTE AS. Revenue 55.0k NOK → 20.0k NOK (-63.6%). Net result +645.1k NOK → +20.3k NOK. Equity 888.3k NOK → 869.3k NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABSOLUTE AS.

At a glance

Scorecard

Revenue
55.0k NOK 20.0k NOK
-63.6%
Operating result
+33.6k NOK n/m
—
Net result
+645.1k NOK +20.3k NOK
-96.9%
Equity
888.3k NOK 869.3k NOK
-2.1%
Total assets
930.4k NOK 1 116 NOK
-99.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 55.0k NOK to 20.0k NOK (-63.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +645.1k NOK → +20.3k NOK (net margin 1172.8% → 101.5%). Calculated

  • ↓

    Equity eroded

    Book equity 888.3k NOK → 869.3k NOK (equity ratio 95.5% → 77894.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.25m NOK → 487 NOK. Reported fact