Org.nr 984 898 118 2017 → 2018 Year-over-year analysis

ACCOUNT SHOP AS: årsregnskap 2018 vs 2017

Shrank 99% on revenue

approved 2019-05-23; registry 2019-06-29; journal 2019 598428

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ACCOUNT SHOP AS. Revenue 31.0k NOK → 350 NOK (-98.9%). Net result -14.1k NOK → -7 240 NOK. Equity 595.9k NOK → 584.2k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ACCOUNT SHOP AS.

Scorecard

Revenue
31.0k NOK 350 NOK
-98.9%
Operating result
-21.1k NOK -14.8k NOK
+29.9%
Net result
-14.1k NOK -7 240 NOK
+48.7%
Equity
595.9k NOK 584.2k NOK
-2.0%
Cash
604.3k NOK 451.7k NOK
-25.3%
Total assets
608.7k NOK 587.4k NOK
-3.5%

What improved

  • ↑

    Operating result improved

    Operating result -21.1k NOK → -14.8k NOK (op. margin -68.1% → -4232.6%). Calculated

  • ↑

    Net result improved

    Net result -14.1k NOK → -7 240 NOK (net margin -45.6% → -2068.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 31.0k NOK to 350 NOK (-98.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 595.9k NOK → 584.2k NOK (equity ratio 97.9% → 99.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 604.3k NOK → 451.7k NOK (-25.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 595.9k NOK → 584.2k NOK — check capital reduction, conversion, or reclassification. Interpretation