Org.nr 989 657 763 2023 → 2024 Year-over-year analysis

ABILITY GROUP AS: årsregnskap 2024 vs 2023

Shrank 83% on revenue, slipped into loss

approved 2025-08-25; registry 2025-08-30; journal 2025 752263

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ABILITY GROUP AS. Revenue 753.3k NOK → 125.0k NOK (-83.4%). Net result +176.9k NOK → -162.0k NOK. Equity 103.9k NOK → 45.7k NOK.

On the constructive side: cash rose; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
753.3k NOK 125.0k NOK
-83.4%
Operating result
+177.2k NOK -161.5k NOK
-191.2%
Net result
+176.9k NOK -162.0k NOK
-191.6%
Equity
103.9k NOK 45.7k NOK
-56.0%
Cash
712 NOK 251.7k NOK
+35252.8%
Total assets
712 NOK 58.4k NOK
+8105.1%

What improved

  • ↑

    Cash rose

    Bank deposits 712 NOK → 251.7k NOK (+35252.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 3.18×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 100.0k NOK → 103.9k NOK (+3 858 NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 753.3k NOK to 125.0k NOK (-83.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +177.2k NOK → -161.5k NOK (op. margin 23.5% → -129.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 176.9k NOK profit to a loss of 162.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 103.9k NOK → 45.7k NOK (equity ratio 14586.8% → 78.2%). Calculated