Org.nr 889 724 412 2009 → 2010 Year-over-year analysis

ABILITY MANAGEMENT AS: årsregnskap 2010 vs 2009

Grew 280338% on revenue

approved 2011-03-15; registry 2011-06-11; journal 2011 389464

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ABILITY MANAGEMENT AS. Revenue 6 518 NOK → 18.28m NOK (+280337.7%). Equity 158.6k NOK → 197.2k NOK.

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

Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ABILITY MANAGEMENT AS.

Scorecard

Revenue
6 518 NOK 18.28m NOK
+280337.7%
Net result
+1.47m NOK n/m
—
Equity
158.6k NOK 197.2k NOK
+24.3%
Cash
386.8k NOK 225.9k NOK
-41.6%
Total assets
23.94m NOK 39.54m NOK
+65.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6 518 NOK to 18.28m NOK (+280337.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 158.6k NOK → 197.2k NOK (equity ratio 0.7% → 0.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 386.8k NOK → 225.9k NOK (-41.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 688.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 3 095 NOK → 3.16bn NOK (47% → 17291% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 15.8k NOK → 399.7k NOK (+2433.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 20 NOK → 23.05m NOK. Reported fact