ABILITY GROUP AS: årsregnskap 2013 vs 2012
Slipped into loss
approved 2014-06-25; registry 2014-09-09; journal 2014 802094
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABILITY GROUP AS. Revenue 63.5k NOK → 63.5k NOK (0.0%). Net result +253.1k NOK → -280.3k NOK. Equity 4.17m NOK → -106.5k NOK.
On the constructive side: cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABILITY GROUP AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 219.8k NOK → 330.6k NOK (+50.4% YoY). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 253.1k NOK profit to a loss of 280.3k NOK. Calculated
-
↓
Equity eroded
Book equity 4.17m NOK → -106.5k NOK (equity ratio 437.2% → -21.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -21.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 719.2k NOK → 161.2k NOK. Reported fact