ACCON GROUP AS: årsregnskap 2018 vs 2017
Grew 27% on revenue, cash halved-plus
approved 2019-06-25; registry 2019-07-31; journal 2019 825666
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACCON GROUP AS. Revenue 6.51m NOK → 8.29m NOK (+27.4%). Equity 32.01m NOK → 38.94m 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.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.51m NOK to 8.29m NOK (+27.4% YoY). Calculated
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↑
Equity strengthened
Book equity 32.01m NOK → 38.94m NOK (equity ratio 62.7% → 60.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 280.4k NOK → 135.7k NOK (-51.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.54m NOK → 2.37m NOK (24% → 29% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 40.26m NOK → 50.36m NOK. Reported fact