Org.nr 989 657 763 2009 → 2010 Year-over-year analysis

ABILITY GROUP AS: årsregnskap 2010 vs 2009

Cash halved-plus

approved 2011-09-09; registry 2011-10-04; journal 2011 778400

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ABILITY GROUP AS. Equity 2.95m NOK → 1.74m NOK.

Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

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

At a glance

Operating result

-27.6k NOK n/m

—

Net result

+46.6k NOK n/m

—

Equity

2.95m NOK 1.74m NOK

-40.9%

Cash

2.86m NOK 1.38m NOK

-51.7%

Total assets

2.97m NOK 4.57m NOK

+53.9%

↓
Equity eroded

Book equity 2.95m NOK → 1.74m NOK (equity ratio 99.3% → 38.1%). Calculated
↓
Cash fell

Bank deposits 2.86m NOK → 1.38m NOK (-51.7% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 148.71× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 0 NOK → 8.67m NOK. Reported fact