Org.nr 848 629 642 2007 → 2008 Year-over-year analysis

ABSOR AS: årsregnskap 2008 vs 2007

Shrank 96% on revenue, fresh owner capital

approved 2009-06-30; registry 2009-09-05

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ABSOR AS. Revenue 989.4k NOK → 36.9k NOK (-96.3%). Equity -775.4k NOK → -567.1k 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 ABSOR AS.

At a glance

Revenue

989.4k NOK 36.9k NOK

-96.3%

Operating result

n/m +138.6k NOK

—

Equity

-775.4k NOK -567.1k NOK

+26.9%

Total assets

421.7k NOK 482.1k NOK

+14.3%

↑
Equity strengthened

Book equity -775.4k NOK → -567.1k NOK (equity ratio -183.9% → -117.6%). Calculated

↓
Revenue fell

Operating income / revenue moved from 989.4k NOK to 36.9k NOK (-96.3% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 96.5k NOK → 3.10m NOK (10% → 8397% of revenue). Calculated