ABILITY AS: årsregnskap 2008 vs 2007
Shrank 14% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for ABILITY AS. Revenue 2.31m NOK → 1.99m NOK (-13.7%). Net result +41.3k NOK → +74.2k NOK. Equity 215.6k NOK → 289.8k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABILITY AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +56.5k NOK → +99.1k NOK (op. margin 2.4% → 5.0%). Calculated
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Net result improved
Net result +41.3k NOK → +74.2k NOK (net margin 1.8% → 3.7%). Calculated
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Equity strengthened
Book equity 215.6k NOK → 289.8k NOK (equity ratio 67.9% → 39.4%). Calculated
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Cash rose
Bank deposits 238.1k NOK → 259.1k NOK (+8.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.31m NOK to 1.99m NOK (-13.7% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 99.0k NOK → 9 000 NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 2.15m NOK → 1.80m NOK (-16.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 0 NOK → 332.8k NOK. Reported fact