ACCESSPOINT AS: årsregnskap 2017 vs 2016
Shrank 39% on revenue, stronger earnings, cash halved-plus
approved 2018-03-16; registry 2018-05-29; journal 2018 366668
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACCESSPOINT AS. Revenue 2.94m NOK → 1.79m NOK (-39.1%). Net result +292.7k NOK → +364.2k NOK. Equity 1.46m NOK → 1.82m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCESSPOINT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +1 761 NOK → +543.5k NOK (op. margin 0.1% → 30.4%). Calculated
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Net result improved
Net result +292.7k NOK → +364.2k NOK (net margin 10.0% → 20.4%). Calculated
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↑
Equity strengthened
Book equity 1.46m NOK → 1.82m NOK (equity ratio 225.7% → 61.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.94m NOK to 1.79m NOK (-39.1% YoY). Calculated
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↓
Cash fell
Bank deposits 436.8k NOK → 93.1k NOK (-78.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 565.6k NOK → 612.7k NOK (19% → 34% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2.57m NOK → 2.70m NOK. Reported fact