Org.nr 814 537 102 2015 → 2016 Year-over-year analysis

ACCON GROUP AS: årsregnskap 2016 vs 2015

Grew 555% on revenue, stronger earnings, fresh owner capital

approved 2017-06-30; registry 2017-08-02; journal 2017 794940

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ACCON GROUP AS. Revenue 992 NOK → 6 499 NOK (+555.1%). Net result +321.7k NOK → +10.29m NOK. Equity 12.70m NOK → 27.02m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened.

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

Scorecard

Revenue
992 NOK 6 499 NOK
+555.1%
Net result
+321.7k NOK +10.29m NOK
+3098.9%
Equity
12.70m NOK 27.02m NOK
+112.8%
Cash
23.7k NOK 699.6k NOK
+2851.7%
Total assets
31.49m NOK 46.91m NOK
+49.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 992 NOK to 6 499 NOK (+555.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +321.7k NOK → +10.29m NOK (net margin 32431.9% → 158356.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 12.70m NOK → 27.02m NOK (equity ratio 40.3% → 57.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 23.7k NOK → 699.6k NOK (+2851.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.79× → 2.71×. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 30.30m NOK → 34.62m NOK. Reported fact