ACCESSIO INVEST AS: årsregnskap 2018 vs 2017
Shrank 26% on revenue, slipped into loss
approved 2019-07-11; registry 2019-07-15; journal 2019 752435
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACCESSIO INVEST AS. Revenue 2 499 NOK → 1 860 NOK (-25.6%). Net result +3 623 NOK → -11.2k NOK. Equity -8 658 NOK → -19.9k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACCESSIO INVEST AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 86.7k NOK → 98.3k NOK (+13.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2 499 NOK to 1 860 NOK (-25.6% YoY). Calculated
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↓
Operating result weakened
Operating result +3 337 NOK → -11.3k NOK (op. margin 133.5% → -609.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 3 623 NOK profit to a loss of 11.2k NOK. Calculated
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↓
Equity eroded
Book equity -8 658 NOK → -19.9k NOK (equity ratio -4.7% → -9.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -9.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 99.0k NOK → 118.2k NOK. Reported fact