ACCELER8. AS: årsregnskap 2019 vs 2018
Grew 102% on revenue, stronger earnings
approved 2020-06-26; registry 2020-07-09; journal 2020 567441
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACCELER8. AS. Revenue 1.66m NOK → 3.36m NOK (+102.2%). Net result +161.4k NOK → +270.9k NOK. Equity 798.3k NOK → 59.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.66m NOK to 3.36m NOK (+102.2% YoY). Calculated
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Operating result improved
Operating result +206.4k NOK → +348.1k NOK (op. margin 12.4% → 10.4%). Calculated
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Net result improved
Net result +161.4k NOK → +270.9k NOK (net margin 9.7% → 8.1%). Calculated
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Payroll decreased
Salary cost 4.97m NOK → 1.38m NOK (299% → 41% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 798.3k NOK → 59.2k NOK (equity ratio 76.0% → 13.8%). Calculated
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↓
Cash fell
Bank deposits 362.2k NOK → 254.8k NOK (-29.6% YoY). Calculated