ACCOUNT-IT AS: årsregnskap 2018 vs 2017
Grew 8% on revenue
approved 2019-06-29; registry 2019-07-10; journal 2019 660953
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACCOUNT-IT AS. Revenue 12.19m NOK → 13.18m NOK (+8.1%). Equity 2.91m NOK → 2.44m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCOUNT-IT AS.
At a glance
Scorecard
Revenue
12.19m NOK
13.18m NOK
+8.1%
Operating result
n/m
-640.5k NOK
—
Net result
n/m
-466.2k NOK
—
Equity
2.91m NOK
2.44m NOK
-16.0%
Cash
4.18m NOK
2.34m NOK
-44.2%
Total assets
6.45m NOK
5.29m NOK
-18.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 12.19m NOK to 13.18m NOK (+8.1% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 2.91m NOK → 2.44m NOK (equity ratio 45.1% → 46.2%). Calculated
-
↓
Cash fell
Bank deposits 4.18m NOK → 2.34m NOK (-44.2% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 303.4k NOK → 255.5k NOK (-15.8% YoY). Calculated