FirmaIQ
Org.nr 989 076 728 2013 → 2014 Year-over-year analysis

ABILITY INVEST HOLDING AS: årsregnskap 2014 vs 2013

Slipped into loss, cash halved-plus

approved 2015-08-31; registry 2015-10-07; journal 2015 918092

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ABILITY INVEST HOLDING AS. Net result +5 913 NOK → -7.34m NOK. Equity 10.62m NOK → 3.28m NOK.

On the constructive side: owners injected capital. Pressures included: fell into a net loss; equity eroded; cash fell.

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

At a glance

Scorecard

Net result
+5 913 NOK -7.34m NOK
-124253.2%
Equity
10.62m NOK 3.28m NOK
-69.1%
Cash
3.65m NOK 1.05m NOK
-71.2%
Total assets
19.40m NOK 5.72m NOK
-70.5%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 264.5k NOK → 265.8k NOK (+1 340 NOK). Reported fact

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 5 913 NOK profit to a loss of 7.34m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 10.62m NOK → 3.28m NOK (equity ratio 54.7% → 57.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.65m NOK → 1.05m NOK (-71.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4.71× → 0.64× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (3.65m NOK → 1.05m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 7.56m NOK → 7 561 NOK. Reported fact