Org.nr 962 226 655 2016 → 2017 Year-over-year analysis

ACCION AS: årsregnskap 2017 vs 2016

Shrank 78% on revenue

approved 2018-07-11; registry 2018-07-19; journal 2018 732033

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACCION AS. Revenue 5.95m NOK → 1.32m NOK (-77.8%). Equity 3.86m NOK → 2.49m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; cogs moved.

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

At a glance

Revenue

5.95m NOK 1.32m NOK

-77.8%

Equity

3.86m NOK 2.49m NOK

-35.5%

Cash

12.0k NOK 228.5k NOK

+1798.4%

Total assets

12.07m NOK 10.51m NOK

-12.9%

↓
Revenue fell

Operating income / revenue moved from 5.95m NOK to 1.32m NOK (-77.8% YoY). Calculated
↓
Equity eroded

Book equity 3.86m NOK → 2.49m NOK (equity ratio 32.0% → 23.7%). Calculated
↓
COGS moved

COGS / varekostnad 4 248 NOK → 79.0k NOK (+1759.3% YoY). Calculated

·
Book investments changed

Investment / intangible book value 0 NOK → 2.40m NOK. Reported fact