FirmaIQ
Org.nr 984 912 382 2017 → 2018 Year-over-year analysis

ACCELERATE BRANDS AS: årsregnskap 2018 vs 2017

Grew 21% on revenue, weaker earnings

approved 2019-06-27; registry 2019-08-05; journal 2019 863516

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACCELERATE BRANDS AS. Revenue 36.33m NOK → 43.98m NOK (+21.1%). Net result +2.31m NOK → +858.1k NOK. Equity 7.96m NOK → 6.62m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
36.33m NOK 43.98m NOK
+21.1%
Operating result
+2.87m NOK +1.22m NOK
-57.4%
Net result
+2.31m NOK +858.1k NOK
-62.8%
Equity
7.96m NOK 6.62m NOK
-16.9%
Cash
5.83m NOK 4.32m NOK
-26.0%
Total assets
18.31m NOK 19.17m NOK
+4.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 36.33m NOK to 43.98m NOK (+21.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.87m NOK → +1.22m NOK (op. margin 7.9% → 2.8%). Calculated

  • ↓

    Net result weakened

    Net result +2.31m NOK → +858.1k NOK (net margin 6.3% → 2.0%). Calculated

  • ↓

    Equity eroded

    Book equity 7.96m NOK → 6.62m NOK (equity ratio 43.5% → 34.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.83m NOK → 4.32m NOK (-26.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 32.92m NOK → 41.99m NOK (+27.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.67m NOK → 5.10m NOK. Reported fact