Org.nr 912 563 103 2016 → 2017 Year-over-year analysis

ACCA INVEST AS: årsregnskap 2017 vs 2016

Grew 362% on revenue

approved 2018-07-25; registry 2018-07-30; journal 2018 820016

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ACCA INVEST AS. Revenue 110.0k NOK → 508.3k NOK (+362.1%). Equity -2.76m NOK → -3.48m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACCA INVEST AS.

Scorecard

Revenue
110.0k NOK 508.3k NOK
+362.1%
Net result
n/m -726.9k NOK
—
Equity
-2.76m NOK -3.48m NOK
-26.4%
Cash
351.1k NOK 303.2k NOK
-13.7%
Total assets
9.59m NOK 8.61m NOK
-10.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 110.0k NOK to 508.3k NOK (+362.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 28.7k NOK → 10 NOK (26% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -2.76m NOK → -3.48m NOK (equity ratio -28.7% → -40.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 351.1k NOK → 303.2k NOK (-13.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -40.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.76m NOK → 6.21m NOK. Reported fact