ACCELERATE AS: årsregnskap 2018 vs 2017
Grew 17% on revenue
approved 2019-01-15; registry 2019-01-19; journal 2019 201817
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACCELERATE AS. Revenue 9.90m NOK → 11.57m NOK (+16.9%). Equity 2.97m NOK → 2.96m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACCELERATE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.90m NOK to 11.57m NOK (+16.9% YoY). Calculated
-
↑
Cash rose
Bank deposits 3.74m NOK → 3.95m NOK (+5.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 2.97m NOK → 2.96m NOK (equity ratio 62.5% → 53.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.41m NOK → 3.94m NOK (34% → 34% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 19.5k NOK → 45.6k NOK (+133.6% YoY). Calculated