Org.nr 989 657 763 2017 → 2018 Year-over-year analysis

ABILITY GROUP AS: årsregnskap 2018 vs 2017

Another loss-making year

approved 2019-06-24; registry 2019-07-23; journal 2019 769281

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABILITY GROUP AS. Equity -392.6k NOK → -439.6k NOK.

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

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

Scorecard

Operating result
-56.6k NOK -67.8k NOK
-19.7%
Net result
n/m -47.0k NOK
—
Equity
-392.6k NOK -439.6k NOK
-12.0%
Cash
994 NOK 34.8k NOK
+3401.0%
Total assets
7 439 NOK 225.7k NOK
+2934.5%

What improved

  • ↑

    Cash rose

    Bank deposits 994 NOK → 34.8k NOK (+3401.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -56.6k NOK → -67.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -392.6k NOK → -439.6k NOK (equity ratio -5277.3% → -194.7%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4 292 NOK → 1 573 NOK. Reported fact