Org.nr 998 602 394 2016 → 2017 Year-over-year analysis

ACCESSIT AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-06-25; registry 2018-06-30; journal 2018 584776

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ACCESSIT AS. Net result -376.3k NOK → -19.2k NOK. Equity -422.4k NOK → -441.6k NOK.

On the constructive side: net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACCESSIT AS.

Scorecard

Operating result
n/m -19.2k NOK
—
Net result
-376.3k NOK -19.2k NOK
+94.9%
Equity
-422.4k NOK -441.6k NOK
-4.5%
Cash
701 NOK 15.2k NOK
+2062.6%
Total assets
635.4k NOK 649.8k NOK
+2.3%

What improved

  • ↑

    Net result improved

    Net result -376.3k NOK → -19.2k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 701 NOK → 15.2k NOK (+2062.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -422.4k NOK → -441.6k NOK (equity ratio -66.5% → -68.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -68.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 15.0k NOK → 3 NOK. Reported fact