Org.nr 915 136 613 2018 → 2019 Year-over-year analysis

ACCON AS: årsregnskap 2019 vs 2018

Grew 6% on revenue

approved 2020-07-21; registry 2020-08-05; journal 2020 649720

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ACCON AS. Revenue 144.94m NOK → 153.98m NOK (+6.2%).

On the constructive side: revenue rose; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACCON AS.

Scorecard

Revenue
144.94m NOK 153.98m NOK
+6.2%
Equity
22.42m NOK n/m
—
Cash
753.1k NOK 932.9k NOK
+23.9%
Total assets
68.69m NOK 59.70m NOK
-13.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 144.94m NOK to 153.98m NOK (+6.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 753.1k NOK → 932.9k NOK (+23.9% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.12× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9.11bn NOK → 119.87m NOK (-98.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 16.95m NOK → 6.21m NOK. Reported fact