ACCELERATE AS: årsregnskap 2017 vs 2016
Shrank 30% on revenue
approved 2018-01-15; registry 2018-01-20; journal 2018 201817
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACCELERATE AS. Revenue 14.07m NOK → 9.90m NOK (-29.7%). Equity 2.64m NOK → 2.97m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
14.07m NOK
9.90m NOK
-29.7%
Net result
+1.05m NOK
n/m
—
Equity
2.64m NOK
2.97m NOK
+12.3%
Cash
3.41m NOK
3.74m NOK
+9.7%
Total assets
4.12m NOK
4.75m NOK
+15.3%
What improved
-
↑
Equity strengthened
Book equity 2.64m NOK → 2.97m NOK (equity ratio 64.2% → 62.5%). Calculated
-
↑
Cash rose
Bank deposits 3.41m NOK → 3.74m NOK (+9.7% YoY). Calculated
-
↑
Payroll decreased
Salary cost 6.76m NOK → 3.41m NOK (48% → 34% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 14.07m NOK to 9.90m NOK (-29.7% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 135 NOK → 19.5k NOK (+14366.7% YoY). Calculated