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Org.nr 911 463 830 2018 → 2019 Year-over-year analysis

ABILITY FM AS: årsregnskap 2019 vs 2018

Grew 25% on revenue

approved 2020-07-02; registry 2020-07-14; journal 2020 572417

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABILITY FM AS. Revenue 220.27m NOK → 276.18m NOK (+25.4%). Net result +8.19m NOK → +8.55m NOK. Equity 7.61m NOK → 16.48m NOK.

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

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

At a glance

Scorecard

Revenue
220.27m NOK 276.18m NOK
+25.4%
Operating result
+10.35m NOK +10.11m NOK
-2.4%
Net result
+8.19m NOK +8.55m NOK
+4.4%
Equity
7.61m NOK 16.48m NOK
+116.6%
Cash
43.29m NOK 58.64m NOK
+35.5%
Total assets
68.96m NOK 83.83m NOK
+21.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 220.27m NOK to 276.18m NOK (+25.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 7.61m NOK → 16.48m NOK (equity ratio 11.0% → 19.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 43.29m NOK → 58.64m NOK (+35.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.15bn NOK → 6 NOK (1884% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +10.35m NOK → +10.11m NOK (op. margin 4.7% → 3.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 30.16m NOK → 52.08m NOK (+72.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 73.7k NOK → 37.3k NOK. Reported fact