FirmaIQ
Org.nr 984 086 822 2007 → 2008 Year-over-year analysis

ABUS ENTREPRENØR AS: årsregnskap 2008 vs 2007

Grew 20% on revenue, stronger earnings

approved 2009-06-21; registry 2009-08-10

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ABUS ENTREPRENØR AS. Revenue 5.08m NOK → 6.08m NOK (+19.8%). Net result +484.6k NOK → +750.9k NOK. Equity 1.57m NOK → 2.32m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABUS ENTREPRENØR AS.

At a glance

Scorecard

Revenue
5.08m NOK 6.08m NOK
+19.8%
Operating result
+659.2k NOK +956.1k NOK
+45.1%
Net result
+484.6k NOK +750.9k NOK
+55.0%
Equity
1.57m NOK 2.32m NOK
+47.9%
Cash
760.1k NOK 393.4k NOK
-48.2%
Total assets
2.55m NOK 3.61m NOK
+41.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.08m NOK to 6.08m NOK (+19.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +659.2k NOK → +956.1k NOK (op. margin 13.0% → 15.7%). Calculated

  • ↑

    Net result improved

    Net result +484.6k NOK → +750.9k NOK (net margin 9.5% → 12.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.57m NOK → 2.32m NOK (equity ratio 61.5% → 64.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.78× → 1.33×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 760.1k NOK → 393.4k NOK (-48.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.23m NOK → 1.85m NOK (24% → 30% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 2.13m NOK → 2.02m NOK (-5.3% YoY). Calculated