FirmaIQ
Org.nr 983 747 825 2018 → 2019 Year-over-year analysis

ACCELERA AS: årsregnskap 2019 vs 2018

Shrank 73% on revenue, slipped into loss

approved 2020-06-30; registry 2020-07-14; journal 2020 573305

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACCELERA AS. Revenue 513.19m NOK → 140.23m NOK (-72.7%). Net result +2.51m NOK → -6.80m NOK. Equity 6.31m NOK → 5.57m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCELERA AS.

At a glance

Scorecard

Revenue
513.19m NOK 140.23m NOK
-72.7%
Operating result
n/m -538.7k NOK
—
Net result
+2.51m NOK -6.80m NOK
-370.7%
Equity
6.31m NOK 5.57m NOK
-11.8%
Cash
35.8k NOK 366.6k NOK
+924.7%
Total assets
6.34m NOK 5.67m NOK
-10.6%

What improved

  • ↑

    Cash rose

    Bank deposits 35.8k NOK → 366.6k NOK (+924.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 16.3k NOK → 2 519 NOK (0% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 513.19m NOK to 140.23m NOK (-72.7% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2.51m NOK profit to a loss of 6.80m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 6.31m NOK → 5.57m NOK (equity ratio 99.5% → 98.3%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 482.80m NOK → 128.94m NOK (-73.3% YoY). Calculated