Org.nr 984 383 878 2017 → 2018 Year-over-year analysis

ABILITY AS: årsregnskap 2018 vs 2017

Returned to profit, fresh owner capital

approved 2019-03-01; registry 2019-08-03; journal 2019 854857

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABILITY AS. Revenue 0 NOK → 60.0k NOK. Net result -383.9k NOK → +167.4k NOK. Equity -151.9k NOK → 215.5k NOK.

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

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

Scorecard

Revenue
0 NOK 60.0k NOK
—
Operating result
-18.1k NOK +14.1k NOK
+177.8%
Net result
-383.9k NOK +167.4k NOK
+143.6%
Equity
-151.9k NOK 215.5k NOK
+241.9%
Cash
2 516 NOK 108.8k NOK
+4223.4%
Total assets
759.3k NOK 966.4k NOK
+27.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 60.0k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -18.1k NOK → +14.1k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 383.9k NOK to a profit of 167.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -151.9k NOK → 215.5k NOK (equity ratio -20.0% → 22.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 516 NOK → 108.8k NOK (+4223.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 756.8k NOK → 857.6k NOK. Reported fact