FirmaIQ
Org.nr 945 274 476 2018 → 2019 Year-over-year analysis

ACCOUNT-IT AS: årsregnskap 2019 vs 2018

Grew 13% on revenue, returned to profit

approved 2020-06-30; registry 2020-08-01; journal 2020 633464

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACCOUNT-IT AS. Revenue 13.18m NOK → 14.92m NOK (+13.2%). Net result -466.2k NOK → +615.9k NOK. Equity 2.44m NOK → 3.06m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACCOUNT-IT AS.

At a glance

Scorecard

Revenue
13.18m NOK 14.92m NOK
+13.2%
Operating result
-640.5k NOK +734.9k NOK
+214.7%
Net result
-466.2k NOK +615.9k NOK
+232.1%
Equity
2.44m NOK 3.06m NOK
+25.2%
Cash
2.34m NOK 3.53m NOK
+51.2%
Total assets
5.29m NOK 6.69m NOK
+26.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.18m NOK to 14.92m NOK (+13.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -640.5k NOK → +734.9k NOK (op. margin -4.9% → 4.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 466.2k NOK to a profit of 615.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.44m NOK → 3.06m NOK (equity ratio 46.2% → 45.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.34m NOK → 3.53m NOK (+51.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 255.5k NOK → 296.9k NOK (+16.2% YoY). Calculated