Org.nr 999 008 577 2017 → 2018 Year-over-year analysis

ACCONOR AS: årsregnskap 2018 vs 2017

Shrank 63% on revenue

approved 2019-02-11; registry 2019-02-13; journal 2019 208309

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ACCONOR AS. Revenue 971.9k NOK → 362.6k NOK (-62.7%). Equity 63.4k NOK → 292.5k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCONOR AS.

Scorecard

Revenue
971.9k NOK 362.6k NOK
-62.7%
Operating result
+101.8k NOK n/m
—
Equity
63.4k NOK 292.5k NOK
+361.0%
Cash
168.8k NOK 263.9k NOK
+56.4%
Total assets
321.0k NOK 547.0k NOK
+70.4%

What improved

  • ↑

    Equity strengthened

    Book equity 63.4k NOK → 292.5k NOK (equity ratio 19.8% → 53.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 168.8k NOK → 263.9k NOK (+56.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.94× → 1.53×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 971.9k NOK to 362.6k NOK (-62.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 472.2k NOK → 642.6k NOK (49% → 177% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 230.3k NOK → 18.7k NOK (-91.9% YoY). Calculated