Org.nr 981 001 338 2016 → 2017 Year-over-year analysis

ACCOUNTOR CREDIT AS: årsregnskap 2017 vs 2016

Grew 11% on revenue, weaker earnings

approved 2018-02-08; registry 2018-03-10; journal 2018 225417

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ACCOUNTOR CREDIT AS. Revenue 5.32m NOK → 5.92m NOK (+11.3%). Net result +582.5k NOK → +126.0k NOK. Equity 990.6k NOK → 2.12m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ACCOUNTOR CREDIT AS.

Scorecard

Revenue
5.32m NOK 5.92m NOK
+11.3%
Operating result
+657.9k NOK +114.2k NOK
-82.6%
Net result
+582.5k NOK +126.0k NOK
-78.4%
Equity
990.6k NOK 2.12m NOK
+113.7%
Cash
106.9k NOK 106.9k NOK
0.0%
Total assets
2.86m NOK 3.23m NOK
+13.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.32m NOK to 5.92m NOK (+11.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 990.6k NOK → 2.12m NOK (equity ratio 34.7% → 65.5%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +657.9k NOK → +114.2k NOK (op. margin 12.4% → 1.9%). Calculated

  • ↓

    Net result weakened

    Net result +582.5k NOK → +126.0k NOK (net margin 11.0% → 2.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.50m NOK → 2.70m NOK (47% → 46% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 91.1k NOK → 1.74m NOK. Reported fact