Org.nr 915 108 598 2017 → 2018 Year-over-year analysis

ABLY MEDICAL AS: årsregnskap 2018 vs 2017

Shrank 67% on revenue, fresh owner capital

approved 2019-06-26; registry 2019-08-05; journal 2019 858456

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ABLY MEDICAL AS. Revenue 410.9k NOK → 135.8k NOK (-67.0%). Equity -1.85m NOK → 13.45m NOK.

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

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

Scorecard

Revenue
410.9k NOK 135.8k NOK
-67.0%
Operating result
n/m +481 NOK
—
Equity
-1.85m NOK 13.45m NOK
+826.9%
Cash
277.2k NOK 11.51m NOK
+4052.6%
Total assets
2.79m NOK 17.75m NOK
+537.0%

What improved

  • ↑

    Equity strengthened

    Book equity -1.85m NOK → 13.45m NOK (equity ratio -66.4% → 75.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 277.2k NOK → 11.51m NOK (+4052.6% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 6.34m NOK → 41.64m NOK (+35.30m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 410.9k NOK to 135.8k NOK (-67.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 650.2k NOK → 17.6k NOK (-97.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 28.5k NOK → 1.16m NOK. Reported fact