FirmaIQ
Org.nr 984 383 878 2018 → 2019 Year-over-year analysis

ABILITY AS: årsregnskap 2019 vs 2018

Shrank 63% on revenue, weaker earnings

approved 2020-03-01; registry 2020-03-12; journal 2020 240061

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABILITY AS. Revenue 60.0k NOK → 22.3k NOK (-62.8%). Net result +167.4k NOK → +27.5k NOK. Equity 215.5k NOK → 243.0k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
60.0k NOK 22.3k NOK
-62.8%
Operating result
+14.1k NOK -11.9k NOK
-184.8%
Net result
+167.4k NOK +27.5k NOK
-83.6%
Equity
215.5k NOK 243.0k NOK
+12.8%
Cash
108.8k NOK 150.2k NOK
+38.1%
Total assets
966.4k NOK 13.8k NOK
-98.6%

What improved

  • ↑

    Equity strengthened

    Book equity 215.5k NOK → 243.0k NOK (equity ratio 22.3% → 1763.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 108.8k NOK → 150.2k NOK (+38.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 60.0k NOK to 22.3k NOK (-62.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +14.1k NOK → -11.9k NOK (op. margin 23.4% → -53.4%). Calculated

  • ↓

    Net result weakened

    Net result +167.4k NOK → +27.5k NOK (net margin 279.0% → 123.2%). Calculated