Org.nr 814 537 102 2016 → 2017 Year-over-year analysis

ACCON GROUP AS: årsregnskap 2017 vs 2016

Grew 100051% on revenue, cash halved-plus

approved 2018-07-24; registry 2018-07-31; journal 2018 820924

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ACCON GROUP AS. Revenue 6 499 NOK → 6.51m NOK (+100050.8%). Equity 27.02m NOK → 32.01m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

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

Scorecard

Revenue
6 499 NOK 6.51m NOK
+100050.8%
Net result
+10.29m NOK n/m
—
Equity
27.02m NOK 32.01m NOK
+18.5%
Cash
699.6k NOK 280.4k NOK
-59.9%
Total assets
46.91m NOK 51.03m NOK
+8.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6 499 NOK to 6.51m NOK (+100050.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 27.02m NOK → 32.01m NOK (equity ratio 57.6% → 62.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 699.6k NOK → 280.4k NOK (-59.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 887 NOK → 1.54m NOK (29% → 24% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 34.62m NOK → 40.26m NOK. Reported fact