FirmaIQ
Org.nr 981 894 529 2018 → 2019 Year-over-year analysis

ACCELERATE AS: årsregnskap 2019 vs 2018

A steady year on the published lines

approved 2020-01-14; registry 2020-08-22; journal 2020 686382

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACCELERATE AS. Revenue 11.57m NOK → 11.60m NOK (+0.3%). Net result +854.8k NOK → +835.5k NOK. Equity 2.96m NOK → 2.00m NOK.

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

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

At a glance

Scorecard

Revenue
11.57m NOK 11.60m NOK
+0.3%
Operating result
n/m +1.08m NOK
—
Net result
+854.8k NOK +835.5k NOK
-2.3%
Equity
2.96m NOK 2.00m NOK
-32.5%
Cash
3.95m NOK 3.65m NOK
-7.8%
Total assets
5.56m NOK 5.09m NOK
-8.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.57m NOK to 11.60m NOK (+0.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.94m NOK → 3.29m NOK (34% → 28% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.96m NOK → 2.00m NOK (equity ratio 53.3% → 39.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.95m NOK → 3.65m NOK (-7.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 45.6k NOK → 441.5k NOK (+867.8% YoY). Calculated