Org.nr 987 927 178 2007 → 2008 Year-over-year analysis

ABILITY HOLDING AS: årsregnskap 2008 vs 2007

Shrank 92% on revenue

approved 2009-06-30; registry 2009-09-05

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for ABILITY HOLDING AS. Revenue 76.6k NOK → 6 000 NOK (-92.2%). Equity 9.18bn NOK → 9.12bn NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABILITY HOLDING AS.

Scorecard

Revenue
76.6k NOK 6 000 NOK
-92.2%
Operating result
-953.0k NOK -3.53m NOK
-269.9%
Equity
9.18bn NOK 9.12bn NOK
-0.6%
Total assets
196.76m NOK 133.55m NOK
-32.1%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.26× → 4.51×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 76.6k NOK to 6 000 NOK (-92.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -953.0k NOK → -3.53m NOK (op. margin -1243.8% → -58750.9%). Calculated

  • ↓

    Equity eroded

    Book equity 9.18bn NOK → 9.12bn NOK (equity ratio 4665.7% → 6831.5%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 150 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 113.27m NOK → 85.67m NOK. Reported fact