FirmaIQ
Org.nr 990 620 326 2016 → 2017 Year-over-year analysis

ACCA AS: årsregnskap 2017 vs 2016

Shrank 27% on revenue, cash halved-plus

approved 2018-06-25; registry 2018-06-30; journal 2018 597086

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACCA AS. Revenue 617.9k NOK → 452.2k NOK (-26.8%). Net result +1.00m NOK → +1.10m NOK. Equity 17.61m NOK → 17.10m NOK.

On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ACCA AS.

At a glance

Scorecard

Revenue
617.9k NOK 452.2k NOK
-26.8%
Operating result
+593.3k NOK +434.7k NOK
-26.7%
Net result
+1.00m NOK +1.10m NOK
+10.0%
Equity
17.61m NOK 17.10m NOK
-2.9%
Cash
4.32m NOK 1.53m NOK
-64.6%
Total assets
18.87m NOK 17.28m NOK
-8.5%

What improved

  • ↑

    Net result improved

    Net result +1.00m NOK → +1.10m NOK (net margin 161.8% → 243.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 617.9k NOK to 452.2k NOK (-26.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +593.3k NOK → +434.7k NOK (op. margin 96.0% → 96.1%). Calculated

  • ↓

    Equity eroded

    Book equity 17.61m NOK → 17.10m NOK (equity ratio 93.3% → 99.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.32m NOK → 1.53m NOK (-64.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.32m NOK → 1.53m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation