ACCOUNTIT HYLLE14 AS: årsregnskap 2017 vs 2016
Shrank 76% on revenue, cash halved-plus
approved 2018-04-30; registry 2018-06-15; journal 2018 481328
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACCOUNTIT HYLLE14 AS. Revenue 732.5k NOK → 176.4k NOK (-75.9%). Equity -106.7k NOK → -186.1k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCOUNTIT HYLLE14 AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 477.2k NOK → 103.7k NOK (65% → 59% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 732.5k NOK to 176.4k NOK (-75.9% YoY). Calculated
-
↓
Equity eroded
Book equity -106.7k NOK → -186.1k NOK (equity ratio -50.8% → -245.9%). Calculated
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↓
Cash fell
Bank deposits 22.7k NOK → 3 347 NOK (-85.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -245.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation