Org.nr 984 204 442 2008 → 2009 Year-over-year analysis

ABSYN HOLDING AS: årsregnskap 2009 vs 2008

Shrank 20% on revenue

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ABSYN HOLDING AS. Revenue 1.47m NOK → 1.19m NOK (-19.5%). Net result +883.8k NOK → +804.2k NOK.

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

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

At a glance

Revenue

1.47m NOK 1.19m NOK

-19.5%

Operating result

+16.6k NOK +238.0k NOK

+1338.0%

Net result

+883.8k NOK +804.2k NOK

-9.0%

Equity

n/m 3.48m NOK

—

Cash

n/m 370.0k NOK

—

Total assets

4.59m NOK 3.87m NOK

-15.7%

↑
Operating result improved

Operating result +16.6k NOK → +238.0k NOK (op. margin 1.1% → 20.1%). Calculated
↑
Payroll decreased

Salary cost 101.6k NOK → 45.9k NOK (7% → 4% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.47m NOK to 1.19m NOK (-19.5% YoY). Calculated
↓
Net result weakened

Net result +883.8k NOK → +804.2k NOK (net margin 60.0% → 67.8%). Calculated

·
COGS fell

COGS / varekostnad 186.0k NOK → 127.1k NOK (-31.7% YoY). Calculated