ABILITY INVESTMENT & VENTURE AS: årsregnskap 2019 vs 2018
Shrank 96% on revenue
approved 2020-08-31; registry 2020-10-03; journal 2020 896616
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABILITY INVESTMENT & VENTURE AS. Revenue 31.2k NOK → 1 125 NOK (-96.4%). Equity 6.85m NOK → 7.41m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABILITY INVESTMENT & VENTURE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 6.85m NOK → 7.41m NOK (equity ratio 96.8% → 94.9%). Calculated
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↑
Cash rose
Bank deposits 124.9k NOK → 138.7k NOK (+11.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.89× → 3.79×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 31.2k NOK to 1 125 NOK (-96.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 150 NOK → 65.6k NOK (4% → 5828% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 442.9k NOK → 404.9k NOK. Reported fact