ACCELERATE BRANDS AS: årsregnskap 2016 vs 2015
Grew 44% on revenue, weaker earnings
approved 2017-06-26; registry 2017-07-10; journal 2017 640460
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACCELERATE BRANDS AS. Revenue 24.75m NOK → 35.58m NOK (+43.8%). Net result +1.97m NOK → +1.18m NOK. Equity 4.47m NOK → 5.65m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACCELERATE BRANDS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 24.75m NOK to 35.58m NOK (+43.8% YoY). Calculated
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↑
Equity strengthened
Book equity 4.47m NOK → 5.65m NOK (equity ratio 36.4% → 41.2%). Calculated
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↑
Cash rose
Bank deposits 280.1k NOK → 3.18m NOK (+1034.3% YoY). Calculated
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↑
Payroll decreased
Salary cost 530.3k NOK → 428.8k NOK (2% → 1% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +1.97m NOK → +1.18m NOK (net margin 8.0% → 3.3%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 21.72m NOK → 33.35m NOK (+53.6% YoY). Calculated