Org.nr 912 350 762 2018 → 2019 Year-over-year analysis

ACCESS HOLDING AS: årsregnskap 2019 vs 2018

Grew 72% on revenue

approved 2020-08-31; registry 2020-09-30; journal 2020 904069

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACCESS HOLDING AS. Revenue 290.7k NOK → 499.4k NOK (+71.8%). Equity -752.9k NOK → -321.8k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACCESS HOLDING AS.

At a glance

Revenue

290.7k NOK 499.4k NOK

+71.8%

Operating result

+36.2k NOK +431.6k NOK

+1092.9%

Net result

n/m 0 NOK

—

Equity

-752.9k NOK -321.8k NOK

+57.3%

Cash

1 651 NOK 1 618 NOK

-2.0%

Total assets

39.2k NOK 68.3k NOK

+74.3%

↑
Revenue rose

Operating income / revenue moved from 290.7k NOK to 499.4k NOK (+71.8% YoY). Calculated
↑
Operating result improved

Operating result +36.2k NOK → +431.6k NOK (op. margin 12.4% → 86.4%). Calculated
↑
Equity strengthened

Book equity -752.9k NOK → -321.8k NOK (equity ratio -1920.7% → -471.0%). Calculated
↑
Payroll decreased

Salary cost 148.5k NOK → 11.4k NOK (51% → 2% of revenue). Calculated