Org.nr 987 578 939 2008 → 2009 Year-over-year analysis

ABYSSUS MARINE SERVICES AS: årsregnskap 2009 vs 2008

Grew 1433% on revenue

approved 2010-08-16; registry 2011-08-31; journal 2011 668951

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for ABYSSUS MARINE SERVICES AS. Revenue 262.8k NOK → 4.03m NOK (+1432.6%). Net result +474.0k NOK → +547.0k NOK. Equity 276.8k NOK → 823.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABYSSUS MARINE SERVICES AS.

Scorecard

Revenue
262.8k NOK 4.03m NOK
+1432.6%
Operating result
+756.1k NOK +829.4k NOK
+9.7%
Net result
+474.0k NOK +547.0k NOK
+15.4%
Equity
276.8k NOK 823.8k NOK
+197.6%
Total assets
2.35m NOK 3.13m NOK
+33.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 262.8k NOK to 4.03m NOK (+1432.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +756.1k NOK → +829.4k NOK (op. margin 287.7% → 20.6%). Calculated

  • ↑

    Net result improved

    Net result +474.0k NOK → +547.0k NOK (net margin 180.4% → 13.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 276.8k NOK → 823.8k NOK (equity ratio 11.8% → 26.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.81m NOK → 5.56m NOK (689% → 138% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 143.6k NOK → 133.1k NOK (-7.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 914.2k NOK → 910.1k NOK. Reported fact