Org.nr 984 086 822 2008 → 2009 Year-over-year analysis

ABUS ENTREPRENØR AS: årsregnskap 2009 vs 2008

Shrank 7% on revenue

approved 2010-05-28; registry 2010-08-19; journal 2010 603638

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ABUS ENTREPRENØR AS. Revenue 6.08m NOK → 5.65m NOK (-7.1%). Net result +750.9k NOK → +771.2k NOK. Equity 2.32m NOK → 3.09m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened.

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

Scorecard

Revenue
6.08m NOK 5.65m NOK
-7.1%
Operating result
+956.1k NOK +29.9k NOK
-96.9%
Net result
+750.9k NOK +771.2k NOK
+2.7%
Equity
2.32m NOK 3.09m NOK
+33.3%
Cash
393.4k NOK 1.99m NOK
+405.2%
Total assets
3.61m NOK 4.08m NOK
+12.9%

What improved

  • ↑

    Equity strengthened

    Book equity 2.32m NOK → 3.09m NOK (equity ratio 64.1% → 75.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 393.4k NOK → 1.99m NOK (+405.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.85m NOK → 1.53m NOK (30% → 27% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.08m NOK to 5.65m NOK (-7.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +956.1k NOK → +29.9k NOK (op. margin 15.7% → 0.5%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.02m NOK → 1.76m NOK (-12.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 77.3k NOK → 4.88m NOK. Reported fact