FirmaIQ
Org.nr 984 383 878 2014 → 2015 Year-over-year analysis

ABILITY AS: årsregnskap 2015 vs 2014

Shrank 100% on revenue, slipped into loss

approved 2016-04-30; registry 2016-06-11; journal 2016 498661

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABILITY AS. Revenue 954.7k NOK → 954 NOK (-99.9%). Net result +25.0k NOK → -878 NOK. Equity -290.1k NOK → -290.9k NOK.

Pressures included: revenue fell; fell into a net loss; cash fell.

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABILITY AS.

At a glance

Scorecard

Revenue
954.7k NOK 954 NOK
-99.9%
Net result
+25.0k NOK -878 NOK
-103.5%
Equity
-290.1k NOK -290.9k NOK
-0.3%
Cash
6 738 NOK 4 744 NOK
-29.6%
Total assets
757.6k NOK 623.1k NOK
-17.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 954.7k NOK to 954 NOK (-99.9% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 25.0k NOK profit to a loss of 878 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 6 738 NOK → 4 744 NOK (-29.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -46.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 895.1k NOK → 895 NOK (-99.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 283.6k NOK → 263.6k NOK. Reported fact