ABLE PRODUCTS AS: årsregnskap 2019 vs 2018
Mixed movements in the accounts
approved 2020-02-24; registry 2020-03-30; journal 2020 264789
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABLE PRODUCTS AS. Equity 16.34m NOK → 13.56m NOK.
On the constructive side: cash rose. Pressures included: equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Operating result
-41.3k NOK
n/m
—
Net result
+5 500 NOK
n/m
—
Equity
16.34m NOK
13.56m NOK
-17.0%
Cash
2.09m NOK
3.35m NOK
+60.1%
Total assets
16.37m NOK
18.58m NOK
+13.5%
What improved
-
↑
Cash rose
Bank deposits 2.09m NOK → 3.35m NOK (+60.1% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 16.34m NOK → 13.56m NOK (equity ratio 99.8% → 73.0%). Calculated