FirmaIQ
Org.nr 966 000 155 2018 → 2019 Year-over-year analysis

ACCEPT SERVICE PARTNER AS: årsregnskap 2019 vs 2018

Shrank 11% on revenue

approved 2020-06-16; registry 2020-08-27; journal 2020 704167

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACCEPT SERVICE PARTNER AS. Revenue 9.16bn NOK → 8.18bn NOK (-10.7%). Equity 53.24m NOK → 63.91m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
9.16bn NOK 8.18bn NOK
-10.7%
Operating result
+17.96m NOK +17.72m NOK
-1.3%
Net result
n/m +12.32m NOK
—
Equity
53.24m NOK 63.91m NOK
+20.0%
Cash
52.70m NOK 60.25m NOK
+14.3%
Total assets
96.78m NOK 107.40m NOK
+11.0%

What improved

  • ↑

    Equity strengthened

    Book equity 53.24m NOK → 63.91m NOK (equity ratio 55.0% → 59.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 52.70m NOK → 60.25m NOK (+14.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.16bn NOK to 8.18bn NOK (-10.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +17.96m NOK → +17.72m NOK (op. margin 0.2% → 0.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 43.47m NOK → 48.15m NOK (0% → 1% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 73.02m NOK → 84.37m NOK (+15.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 18.01m NOK → 16.94m NOK. Reported fact