Org.nr 889 724 412 2016 → 2017 Year-over-year analysis

ABILITY MANAGEMENT AS: årsregnskap 2017 vs 2016

Mixed movements in the accounts

approved 2018-06-08; registry 2018-06-25; journal 2018 537928

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ABILITY MANAGEMENT AS. Revenue 23.19m NOK → 24.05m NOK (+3.7%). Equity 510.7k NOK → 8.46m NOK.

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

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

Scorecard

Revenue
23.19m NOK 24.05m NOK
+3.7%
Equity
510.7k NOK 8.46m NOK
+1556.7%
Cash
647.3k NOK 731.4k NOK
+13.0%
Total assets
55.09m NOK 57.57m NOK
+4.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 23.19m NOK to 24.05m NOK (+3.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 510.7k NOK → 8.46m NOK (equity ratio 0.9% → 14.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 647.3k NOK → 731.4k NOK (+13.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.21bn NOK → 16.56m NOK (13859% → 69% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 851.7k NOK → 733.5k NOK (-13.9% YoY). Calculated

  • ·

    Book investments changed

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