ACCOUNT SHOP AS: årsregnskap 2019 vs 2018
Grew 335% on revenue, returned to profit, cash halved-plus
approved 2020-07-31; registry 2020-08-22; journal 2020 700058
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACCOUNT SHOP AS. Revenue 350 NOK → 1 523 NOK (+335.1%). Net result -7 240 NOK → +33.6k NOK. Equity 584.2k NOK → 617.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ACCOUNT SHOP AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 350 NOK to 1 523 NOK (+335.1% YoY). Calculated
-
↑
Operating result improved
Operating result -14.8k NOK → -13.8k NOK (op. margin -4232.6% → -909.1%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 7 240 NOK to a profit of 33.6k NOK. Calculated
-
↑
Equity strengthened
Book equity 584.2k NOK → 617.9k NOK (equity ratio 99.5% → 98.5%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 451.7k NOK → 156.9k NOK (-65.3% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 584.2k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation