ACCEL GROWTH AS: årsregnskap 2019 vs 2018
Stronger earnings, cash halved-plus
approved 2020-11-02; registry 2020-11-07; journal 2020 965913
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACCEL GROWTH AS. Revenue 531.7k NOK → 531.7k NOK (0.0%). Net result -141.5k NOK → -8 NOK. Equity -117.1k NOK → 3 463 NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
531.7k NOK
531.7k NOK
0.0%
Operating result
-141.6k NOK
-36 NOK
+100.0%
Net result
-141.5k NOK
-8 NOK
+100.0%
Equity
-117.1k NOK
3 463 NOK
+103.0%
Cash
372.1k NOK
3 463 NOK
-99.1%
Total assets
372.1k NOK
3 463 NOK
-99.1%
What improved
-
↑
Operating result improved
Operating result -141.6k NOK → -36 NOK (op. margin -26.6% → -0.0%). Calculated
-
↑
Net result improved
Net result -141.5k NOK → -8 NOK (net margin -26.6% → -0.0%). Calculated
-
↑
Equity strengthened
Book equity -117.1k NOK → 3 463 NOK (equity ratio -31.5% → 100.0%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 372.1k NOK → 3 463 NOK (-99.1% YoY). Calculated