FirmaIQ
Org.nr 987 927 178 2009 → 2010 Year-over-year analysis

ABILITY HOLDING AS: årsregnskap 2010 vs 2009

Shrank 90% on revenue

approved 2011-06-30; registry 2011-08-31; journal 2011 664719

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ABILITY HOLDING AS. Revenue 922.3k NOK → 90.9k NOK (-90.1%). Equity 9.14bn NOK → 9.11bn NOK.

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.

At a glance

Scorecard

Revenue
922.3k NOK 90.9k NOK
-90.1%
Operating result
-1.71m NOK -3.38m NOK
-97.7%
Equity
9.14bn NOK 9.11bn NOK
-0.3%
Total assets
142.53m NOK 115.13m NOK
-19.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 922.3k NOK to 90.9k NOK (-90.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -1.71m NOK → -3.38m NOK (op. margin -185.2% → -3713.8%). Calculated

  • ↓

    Equity eroded

    Book equity 9.14bn NOK → 9.11bn NOK (equity ratio 6409.9% → 7910.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 8 909 NOK → 533.3k NOK (1% → 586% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 150.0k NOK → 148.5k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 6.53m NOK → 1.79m NOK. Reported fact