Org.nr 982 315 387 2016 → 2017 Year-over-year analysis

ACCEPT ELEKTRO OG AUTOMASJON AS: årsregnskap 2017 vs 2016

Grew 81% on revenue

approved 2018-05-02; registry 2018-05-24; journal 2018 341437

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ACCEPT ELEKTRO OG AUTOMASJON AS. Revenue 282.5k NOK → 510.6k NOK (+80.7%). Equity -1.09m NOK → -1.20m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ACCEPT ELEKTRO OG AUTOMASJON AS.

Scorecard

Revenue
282.5k NOK 510.6k NOK
+80.7%
Equity
-1.09m NOK -1.20m NOK
-10.3%
Cash
61.6k NOK 39.7k NOK
-35.6%
Total assets
188.3k NOK 176.9k NOK
-6.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 282.5k NOK to 510.6k NOK (+80.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -1.09m NOK → -1.20m NOK (equity ratio -577.1% → -677.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 61.6k NOK → 39.7k NOK (-35.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -677.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 88.9k NOK → 227.8k NOK (+156.2% YoY). Calculated