Org.nr 889 724 412 2015 → 2016 Year-over-year analysis

ABILITY MANAGEMENT AS: årsregnskap 2016 vs 2015

Shrank 5% on revenue

approved 2017-05-09; registry 2017-06-20; journal 2017 465904

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ABILITY MANAGEMENT AS. Revenue 24.51m NOK → 23.19m NOK (-5.4%). Equity 196.4k NOK → 510.7k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABILITY MANAGEMENT AS.

At a glance

Revenue

24.51m NOK 23.19m NOK

-5.4%

Equity

196.4k NOK 510.7k NOK

+160.0%

Cash

589.1k NOK 647.3k NOK

+9.9%

Total assets

45.44m NOK 55.09m NOK

+21.2%

↑
Equity strengthened

Book equity 196.4k NOK → 510.7k NOK (equity ratio 0.4% → 0.9%). Calculated
↑
Cash rose

Bank deposits 589.1k NOK → 647.3k NOK (+9.9% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 24.51m NOK to 23.19m NOK (-5.4% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 15.73m NOK → 3.21bn NOK (64% → 13859% of revenue). Calculated

·
COGS fell

COGS / varekostnad 895.6k NOK → 851.7k NOK (-4.9% YoY). Calculated
·
Book investments changed

Investment / intangible book value 37.77m NOK → 37.77m NOK. Reported fact