FirmaIQ
Org.nr 984 912 382 2016 → 2017 Year-over-year analysis

ACCELERATE BRANDS AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-06-30; registry 2018-07-21; journal 2018 738875

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACCELERATE BRANDS AS. Revenue 35.58m NOK → 36.33m NOK (+2.1%). Net result +1.18m NOK → +2.31m NOK. Equity 5.65m NOK → 7.96m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ACCELERATE BRANDS AS.

At a glance

Scorecard

Revenue
35.58m NOK 36.33m NOK
+2.1%
Operating result
+1.80m NOK +2.87m NOK
+59.5%
Net result
+1.18m NOK +2.31m NOK
+94.8%
Equity
5.65m NOK 7.96m NOK
+40.8%
Cash
3.18m NOK 5.83m NOK
+83.6%
Total assets
13.73m NOK 18.31m NOK
+33.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 35.58m NOK to 36.33m NOK (+2.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.80m NOK → +2.87m NOK (op. margin 5.1% → 7.9%). Calculated

  • ↑

    Net result improved

    Net result +1.18m NOK → +2.31m NOK (net margin 3.3% → 6.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.65m NOK → 7.96m NOK (equity ratio 41.2% → 43.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.18m NOK → 5.83m NOK (+83.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 428.8k NOK → 538.3k NOK (1% → 1% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 33.35m NOK → 32.92m NOK (-1.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.00m NOK → 2.67m NOK. Reported fact