Org.nr 920 029 582 2018 → 2019 Year-over-year analysis

ACCOUNTIT AS: årsregnskap 2019 vs 2018

Grew 43% on revenue

approved 2020-05-20; registry 2020-06-17; journal 2020 447509

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACCOUNTIT AS. Revenue 1.19m NOK → 1.70m NOK (+42.6%). Equity 72.3k NOK → 148.6k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ACCOUNTIT AS.

At a glance

Revenue

1.19m NOK 1.70m NOK

+42.6%

Operating result

n/m +98.0k NOK

—

Net result

n/m +76.4k NOK

—

Equity

72.3k NOK 148.6k NOK

+105.7%

Cash

168.3k NOK 400.7k NOK

+138.1%

Total assets

11 NOK 658.96m NOK

+5990548872.7%

↑
Revenue rose

Operating income / revenue moved from 1.19m NOK to 1.70m NOK (+42.6% YoY). Calculated
↑
Equity strengthened

Book equity 72.3k NOK → 148.6k NOK (equity ratio 656954.5% → 0.0%). Calculated
↑
Cash rose

Bank deposits 168.3k NOK → 400.7k NOK (+138.1% YoY). Calculated

·
Thin equity buffer

Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 2 843 NOK → 1.29m NOK (0% → 76% of revenue). Calculated