Org.nr 945 817 577 2018 → 2019 Year-over-year analysis

ABILITY KOMPETANSE AS: årsregnskap 2019 vs 2018

Grew 94% on revenue

approved 2020-02-02; registry 2020-02-04; journal 2020 206245

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ABILITY KOMPETANSE AS. Revenue 402.1k NOK → 778.4k NOK (+93.6%). Equity -431.1k NOK → -341.2k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABILITY KOMPETANSE AS.

Scorecard

Revenue
402.1k NOK 778.4k NOK
+93.6%
Operating result
n/m +210.8k NOK
—
Net result
n/m +89.9k NOK
—
Equity
-431.1k NOK -341.2k NOK
+20.9%
Cash
-78.0k NOK 0 NOK
+100.0%
Total assets
217.2k NOK 329.9k NOK
+51.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 402.1k NOK to 778.4k NOK (+93.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -431.1k NOK → -341.2k NOK (equity ratio -198.4% → -103.4%). Calculated

  • ↑

    Cash rose

    Bank deposits -78.0k NOK → 0 NOK (+100.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 310.2k NOK → 52.8k NOK (77% → 7% of revenue). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 15.6k NOK → 287.3k NOK (+1741.9% YoY). Calculated