Org.nr 989 657 763 2016 → 2017 Year-over-year analysis

ABILITY GROUP AS: årsregnskap 2017 vs 2016

Mixed movements in the accounts

approved 2018-06-22; registry 2018-06-27; journal 2018 572094

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABILITY GROUP AS. Equity -379.6k NOK → -392.6k NOK.

Pressures included: equity eroded.

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

Scorecard

Operating result
n/m -56.6k NOK
—
Equity
-379.6k NOK -392.6k NOK
-3.4%
Cash
1 108 NOK 994 NOK
-10.3%
Total assets
76.3k NOK 7 439 NOK
-90.2%

What deteriorated

  • ↓

    Equity eroded

    Book equity -379.6k NOK → -392.6k NOK (equity ratio -497.6% → -5277.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -5277.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 73.1k NOK → 4 292 NOK. Reported fact