ABILITY MANAGEMENT AS: årsregnskap 2019 vs 2018
Grew 16% on revenue
approved 2020-07-02; registry 2020-07-14; journal 2020 572973
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABILITY MANAGEMENT AS. Revenue 24.56m NOK → 28.49m NOK (+16.0%). Equity 21.03m NOK → 12.07m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABILITY MANAGEMENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 24.56m NOK to 28.49m NOK (+16.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 279.19m NOK → 20.27m NOK (1137% → 71% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 21.03m NOK → 12.07m NOK (equity ratio 30.4% → 18.8%). Calculated
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↓
Cash fell
Bank deposits 803.7k NOK → 778.7k NOK (-3.1% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 21.03m NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 621.8k NOK → 433.8k NOK (-30.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 45.02m NOK → 100.0k NOK. Reported fact