Org.nr 987 927 178 2015 → 2016 Year-over-year analysis

ABILITY HOLDING AS: årsregnskap 2016 vs 2015

Shrank 80% on revenue

approved 2017-06-30; registry 2017-07-08; journal 2017 617718

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ABILITY HOLDING AS. Revenue 101.2k NOK → 20.0k NOK (-80.2%). Equity 22.24m NOK → 22.92m NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell.

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

Scorecard

Revenue
101.2k NOK 20.0k NOK
-80.2%
Operating result
-467.3k NOK +512.8k NOK
+209.7%
Equity
22.24m NOK 22.92m NOK
+3.0%
Cash
621.7k NOK 687.5k NOK
+10.6%
Total assets
27.73m NOK 29.36m NOK
+5.9%

What improved

  • ↑

    Operating result improved

    Operating result -467.3k NOK → +512.8k NOK (op. margin -461.8% → 2564.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 22.24m NOK → 22.92m NOK (equity ratio 80.2% → 78.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 621.7k NOK → 687.5k NOK (+10.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.50× → 2.57×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 101.2k NOK to 20.0k NOK (-80.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 750.0k NOK → 11.8k NOK. Reported fact