FirmaIQ
Org.nr 911 463 830 2017 → 2018 Year-over-year analysis

ABILITY FM AS: årsregnskap 2018 vs 2017

Grew 5% on revenue, stronger earnings

approved 2019-03-29; registry 2019-04-15; journal 2019 280636

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ABILITY FM AS. Revenue 209.51m NOK → 220.27m NOK (+5.1%). Net result +6.75m NOK → +8.19m NOK. Equity 6.82m NOK → 7.61m NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABILITY FM AS.

At a glance

Scorecard

Revenue
209.51m NOK 220.27m NOK
+5.1%
Operating result
+9.17m NOK +10.35m NOK
+12.9%
Net result
+6.75m NOK +8.19m NOK
+21.3%
Equity
6.82m NOK 7.61m NOK
+11.6%
Cash
44.45m NOK 43.29m NOK
-2.6%
Total assets
60.76m NOK 68.96m NOK
+13.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 209.51m NOK to 220.27m NOK (+5.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +9.17m NOK → +10.35m NOK (op. margin 4.4% → 4.7%). Calculated

  • ↑

    Net result improved

    Net result +6.75m NOK → +8.19m NOK (net margin 3.2% → 3.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.82m NOK → 7.61m NOK (equity ratio 11.2% → 11.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 44.45m NOK → 43.29m NOK (-2.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.14bn NOK → 4.15bn NOK (1977% → 1884% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 29.79m NOK → 30.16m NOK (+1.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 122.7k NOK → 73.7k NOK. Reported fact