ACCELLO AS: årsregnskap 2019 vs 2018
Shrank 93% on revenue
approved 2020-08-24; registry 2020-09-05; journal 2020 750980
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACCELLO AS. Revenue 726.5k NOK → 50.0k NOK (-93.1%). Net result -440.4k NOK → -480.3k NOK. Equity 270.7k NOK → -54.4k NOK.
On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACCELLO AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -430.7k NOK → -328.2k NOK (op. margin -59.3% → -656.3%). Calculated
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↑
Cash rose
Bank deposits 87.3k NOK → 122.1k NOK (+39.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 726.5k NOK to 50.0k NOK (-93.1% YoY). Calculated
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↓
Net result weakened
Net result -440.4k NOK → -480.3k NOK (net margin -60.6% → -960.7%). Calculated
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↓
Equity eroded
Book equity 270.7k NOK → -54.4k NOK (equity ratio 42.3% → -10.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -10.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 255.9k NOK → 14.7k NOK. Reported fact