ACCOUNTOR CREDIT AS: årsregnskap 2018 vs 2017
Grew 11% on revenue
approved 2019-06-12; registry 2019-06-25; journal 2019 518726
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACCOUNTOR CREDIT AS. Revenue 5.92m NOK → 6.58m NOK (+11.2%). Equity 2.12m NOK → 3.53m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ACCOUNTOR CREDIT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.92m NOK to 6.58m NOK (+11.2% YoY). Calculated
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↑
Equity strengthened
Book equity 2.12m NOK → 3.53m NOK (equity ratio 65.5% → 77.6%). Calculated
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↑
Cash rose
Bank deposits 106.9k NOK → 246.1k NOK (+130.2% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.28× → 0.24× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2.70m NOK → 2.83m NOK (46% → 43% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 1.74m NOK → 1.89m NOK. Reported fact