FirmaIQ
Org.nr 984 383 878 2020 → 2021 Year-over-year analysis

ABILITY AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-05-24; registry 2022-06-02; journal 2022 408393

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABILITY AS. Revenue 39.6k NOK → 39.6k NOK (0.0%). Net result +100.9k NOK → +68.3k NOK. Equity 343.9k NOK → 194.7k NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
39.6k NOK 39.6k NOK
0.0%
Operating result
+16.4k NOK -23.2k NOK
-241.4%
Net result
+100.9k NOK +68.3k NOK
-32.3%
Equity
343.9k NOK 194.7k NOK
-43.4%
Cash
4 389 NOK 165.1k NOK
+3661.6%
Total assets
1.12m NOK 1.16m NOK
+3.1%

What improved

  • ↑

    Cash rose

    Bank deposits 4 389 NOK → 165.1k NOK (+3661.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.05× → 4.14×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +16.4k NOK → -23.2k NOK (op. margin 41.5% → -58.6%). Calculated

  • ↓

    Net result weakened

    Net result +100.9k NOK → +68.3k NOK (net margin 254.7% → 172.4%). Calculated

  • ↓

    Equity eroded

    Book equity 343.9k NOK → 194.7k NOK (equity ratio 30.7% → 16.8%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 117.1k NOK → 0 NOK. Reported fact