ACCEDE AS: årsregnskap 2019 vs 2018
Grew 62% on revenue, stronger earnings
approved 2020-08-17; registry 2020-08-24; journal 2020 693394
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACCEDE AS. Revenue 408.0k NOK → 662.2k NOK (+62.3%). Net result +1 163 NOK → +345.7k NOK. Equity 1.20m NOK → 1.55m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ACCEDE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 408.0k NOK to 662.2k NOK (+62.3% YoY). Calculated
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Operating result improved
Operating result +274.6k NOK → +678.0k NOK (op. margin 67.3% → 102.4%). Calculated
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Net result improved
Net result +1 163 NOK → +345.7k NOK (net margin 0.3% → 52.2%). Calculated
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Equity strengthened
Book equity 1.20m NOK → 1.55m NOK (equity ratio 63.0% → 69.3%). Calculated
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Cash rose
Bank deposits 41.7k NOK → 202.9k NOK (+386.0% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 3 123 NOK → 937.3k NOK (1% → 142% of revenue). Calculated
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Book investments changed
Investment / intangible book value 4 600 NOK → 280.0k NOK. Reported fact