FirmaIQ
Org.nr 981 894 529 2015 → 2016 Year-over-year analysis

ACCELERATE AS: årsregnskap 2016 vs 2015

Shrank 46% on revenue, weaker earnings

approved 2017-01-10; registry 2017-01-14; journal 2017 201199

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ACCELERATE AS. Revenue 26.15m NOK → 14.07m NOK (-46.2%). Net result +3.06m NOK → +1.05m NOK. Equity 589.5k NOK → 2.64m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

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

At a glance

Scorecard

Revenue
26.15m NOK 14.07m NOK
-46.2%
Net result
+3.06m NOK +1.05m NOK
-65.5%
Equity
589.5k NOK 2.64m NOK
+348.5%
Cash
5.17m NOK 3.41m NOK
-34.0%
Total assets
9.32m NOK 4.12m NOK
-55.8%

What improved

  • ↑

    Equity strengthened

    Book equity 589.5k NOK → 2.64m NOK (equity ratio 6.3% → 64.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 26.15m NOK to 14.07m NOK (-46.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +3.06m NOK → +1.05m NOK (net margin 11.7% → 7.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.17m NOK → 3.41m NOK (-34.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 29.9k NOK → 135 NOK (-99.5% YoY). Calculated