Org.nr 989 076 728 2019 → 2020 Year-over-year analysis

ABILITY INVEST HOLDING AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-09-24; registry 2021-09-27; journal 2021 819227

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ABILITY INVEST HOLDING AS. Net result +85.2k NOK → -20.2k NOK. Equity 11.94m NOK → 924.5k NOK.

On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded.

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

Scorecard

Revenue
0 NOK n/m
—
Operating result
-44.3k NOK -23.8k NOK
+46.2%
Net result
+85.2k NOK -20.2k NOK
-123.7%
Equity
11.94m NOK 924.5k NOK
-92.3%
Cash
424.8k NOK 424.7k NOK
-0.0%
Total assets
989.9k NOK 993.3k NOK
+0.3%

What improved

  • ↑

    Operating result improved

    Operating result -44.3k NOK → -23.8k NOK. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 85.2k NOK profit to a loss of 20.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 11.94m NOK → 924.5k NOK (equity ratio 1206.7% → 93.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 445.9k NOK → 3 NOK. Reported fact