FirmaIQ
Org.nr 912 825 760 2016 → 2017 Year-over-year analysis

6AM ACCELERATOR AS: årsregnskap 2017 vs 2016

Grew 55% on revenue, returned to profit

approved 2018-03-16; registry 2018-06-05; journal 2018 405499

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 6AM ACCELERATOR AS. Revenue 3.71m NOK → 5.75m NOK (+55.1%). Net result -1.11m NOK → +1.17m NOK. Equity 4.43m NOK → 3.26m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 6AM ACCELERATOR AS.

At a glance

Scorecard

Revenue
3.71m NOK 5.75m NOK
+55.1%
Operating result
+958 NOK +1 196 NOK
+24.8%
Net result
-1.11m NOK +1.17m NOK
+205.5%
Equity
4.43m NOK 3.26m NOK
-26.4%
Cash
11.59m NOK 9.62m NOK
-17.0%
Total assets
18.83m NOK 24.39m NOK
+29.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.71m NOK to 5.75m NOK (+55.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +958 NOK → +1 196 NOK (op. margin 0.0% → 0.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.11m NOK to a profit of 1.17m NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4.43m NOK → 3.26m NOK (equity ratio 23.5% → 13.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 11.59m NOK → 9.62m NOK (-17.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4 914 NOK → 13.91m NOK. Reported fact