FirmaIQ
Org.nr 912 517 012 2018 → 2019 Year-over-year analysis

ACCENTURE SERVICES AS: årsregnskap 2019 vs 2018

Shrank 19% on revenue

approved 2019-12-13; registry 2020-01-11; journal 2020 200765

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACCENTURE SERVICES AS. Revenue 31.84m NOK → 25.76m NOK (-19.1%). Net result +4 NOK → +6 NOK. Equity 8.11m NOK → 3.74m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCENTURE SERVICES AS.

At a glance

Scorecard

Revenue
31.84m NOK 25.76m NOK
-19.1%
Operating result
+2.67m NOK +1.82m NOK
-31.9%
Net result
+4 NOK +6 NOK
+50.0%
Equity
8.11m NOK 3.74m NOK
-53.9%
Cash
9.20m NOK n/m
—
Total assets
89.19m NOK 16.13m NOK
-81.9%

What improved

  • ↑

    Payroll decreased

    Salary cost 26.27m NOK → 22.08m NOK (83% → 86% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 31.84m NOK to 25.76m NOK (-19.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.67m NOK → +1.82m NOK (op. margin 8.4% → 7.1%). Calculated

  • ↓

    Equity eroded

    Book equity 8.11m NOK → 3.74m NOK (equity ratio 9.1% → 23.2%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.49m NOK → 903.3k NOK (-39.4% YoY). Calculated