Org.nr 984 383 878 2015 → 2016 Year-over-year analysis

ABILITY AS: årsregnskap 2016 vs 2015

Shrank 100% on revenue, returned to profit

approved 2017-04-01; registry 2017-04-05; journal 2017 263408

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ABILITY AS. Revenue 954 NOK → 0 NOK (-100.0%). Net result -878 NOK → +121.4k NOK. Equity -290.9k NOK → 232.0k NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABILITY AS.

Scorecard

Revenue
954 NOK 0 NOK
-100.0%
Net result
-878 NOK +121.4k NOK
+13925.9%
Equity
-290.9k NOK 232.0k NOK
+179.7%
Cash
4 744 NOK 83.9k NOK
+1669.5%
Total assets
623.1k NOK 585.8k NOK
-6.0%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 878 NOK to a profit of 121.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -290.9k NOK → 232.0k NOK (equity ratio -46.7% → 39.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 4 744 NOK → 83.9k NOK (+1669.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 954 NOK to 0 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 263.6k NOK → 201.2k NOK. Reported fact