Org.nr 989 133 985 2017 → 2018 Year-over-year analysis

ACCELLO AS: årsregnskap 2018 vs 2017

Another loss-making year

approved 2019-06-23; registry 2019-07-03; journal 2019 604284

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACCELLO AS. Revenue 726.5k NOK → 726.5k NOK (0.0%). Equity 8.71m NOK → 270.7k NOK.

On the constructive side: payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCELLO AS.

At a glance

Revenue

726.5k NOK 726.5k NOK

0.0%

Operating result

+608.8k NOK -430.7k NOK

-170.7%

Net result

n/m -440.4k NOK

—

Equity

8.71m NOK 270.7k NOK

-96.9%

Cash

101.8k NOK 87.3k NOK

-14.2%

Total assets

751.6k NOK 640.4k NOK

-14.8%

↑
Payroll decreased

Salary cost 1.12m NOK → 13 NOK (154% → 0% of revenue). Calculated

↓
Operating result weakened

Operating result +608.8k NOK → -430.7k NOK (op. margin 83.8% → -59.3%). Calculated
↓
Equity eroded

Book equity 8.71m NOK → 270.7k NOK (equity ratio 1159.0% → 42.3%). Calculated
↓
Cash fell

Bank deposits 101.8k NOK → 87.3k NOK (-14.2% YoY). Calculated

·
Book investments changed

Investment / intangible book value 283.9k NOK → 255.9k NOK. Reported fact