Org.nr 984 204 442 2007 → 2008 Year-over-year analysis

ABSYN HOLDING AS: årsregnskap 2008 vs 2007

Shrank 40% on revenue, stronger earnings

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ABSYN HOLDING AS. Revenue 2.44m NOK → 1.47m NOK (-39.6%). Net result +396.7k NOK → +883.8k NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell.

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

At a glance

Revenue

2.44m NOK 1.47m NOK

-39.6%

Operating result

+10 NOK +16.6k NOK

+165430.0%

Net result

+396.7k NOK +883.8k NOK

+122.8%

Equity

1.79m NOK n/m

—

Total assets

5.04m NOK 4.59m NOK

-9.0%

↑
Operating result improved

Operating result +10 NOK → +16.6k NOK (op. margin 0.0% → 1.1%). Calculated
↑
Net result improved

Net result +396.7k NOK → +883.8k NOK (net margin 16.2% → 60.0%). Calculated
↑
Payroll decreased

Salary cost 543.0k NOK → 101.6k NOK (22% → 7% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.44m NOK to 1.47m NOK (-39.6% YoY). Calculated