ABT ANLEGGSGARTNER AS: årsregnskap 2008 vs 2007
Grew 49% on revenue, weaker earnings
approved 2009-06-30; registry 2009-08-27
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABT ANLEGGSGARTNER AS. Revenue 7.54m NOK → 11.21m NOK (+48.8%). Net result +373.5k NOK → +198.3k NOK. Equity 985.7k NOK → 184.0k NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABT ANLEGGSGARTNER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.54m NOK to 11.21m NOK (+48.8% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +373.5k NOK → +198.3k NOK (net margin 5.0% → 1.8%). Calculated
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↓
Equity eroded
Book equity 985.7k NOK → 184.0k NOK (equity ratio 22.1% → 4.5%). Calculated
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↓
Cash fell
Bank deposits 665.9k NOK → 496.5k NOK (-25.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 3.08m NOK → 5.12m NOK (+66.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 341.0k NOK → 80.4k NOK. Reported fact