FirmaIQ
Org.nr 984 912 382 2018 → 2019 Year-over-year analysis

ACCELERATE BRANDS AS: årsregnskap 2019 vs 2018

Grew 11% on revenue, weaker earnings

approved 2020-06-10; registry 2020-09-12; journal 2020 799607

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACCELERATE BRANDS AS. Revenue 43.98m NOK → 49.03m NOK (+11.5%). Net result +858.1k NOK → +629.9k NOK. Equity 6.62m NOK → 10.25m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.

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
43.98m NOK 49.03m NOK
+11.5%
Operating result
+1.22m NOK +1.40m NOK
+14.2%
Net result
+858.1k NOK +629.9k NOK
-26.6%
Equity
6.62m NOK 10.25m NOK
+54.9%
Cash
4.32m NOK 2.76m NOK
-36.1%
Total assets
19.17m NOK 22.92m NOK
+19.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 43.98m NOK to 49.03m NOK (+11.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.22m NOK → +1.40m NOK (op. margin 2.8% → 2.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.62m NOK → 10.25m NOK (equity ratio 34.5% → 44.7%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +858.1k NOK → +629.9k NOK (net margin 2.0% → 1.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.32m NOK → 2.76m NOK (-36.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 41.99m NOK → 46.89m NOK (+11.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5.10m NOK → 10.79m NOK. Reported fact