FirmaIQ
Org.nr 989 076 728 2015 → 2016 Year-over-year analysis

ABILITY INVEST HOLDING AS: årsregnskap 2016 vs 2015

Cash halved-plus

approved 2017-06-26; registry 2017-07-03; journal 2017 578127

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABILITY INVEST HOLDING AS. Equity 4.98m NOK → 913.0k NOK.

On the constructive side: payroll decreased. Pressures included: 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

Revenue
n/m 0 NOK
—
Net result
+2 250 NOK n/m
—
Equity
4.98m NOK 913.0k NOK
-81.7%
Cash
2.19m NOK 811.5k NOK
-63.0%
Total assets
3.27m NOK 979.4k NOK
-70.1%

What improved

  • ↑

    Payroll decreased

    Salary cost 89.7k NOK → 75.0k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4.98m NOK → 913.0k NOK (equity ratio 152.1% → 93.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.19m NOK → 811.5k NOK (-63.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.19m NOK → 811.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2 NOK → 135.9k NOK. Reported fact