ACCOUNTOR CREDIT GROUP AS: årsregnskap 2017 vs 2016
Grew 14% on revenue, stronger earnings, cash halved-plus
approved 2018-02-08; registry 2018-03-10; journal 2018 225449
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACCOUNTOR CREDIT GROUP AS. Revenue 78.3k NOK → 89.0k NOK (+13.7%). Net result -113.5k NOK → -54.6k NOK. Equity 7.48m NOK → 7.43m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCOUNTOR CREDIT GROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 78.3k NOK to 89.0k NOK (+13.7% YoY). Calculated
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↑
Net result improved
Net result -113.5k NOK → -54.6k NOK (net margin -145.0% → -61.3%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -27.6k NOK → -48.7k NOK (op. margin -35.3% → -54.8%). Calculated
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↓
Equity eroded
Book equity 7.48m NOK → 7.43m NOK (equity ratio 76.6% → 76.0%). Calculated
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↓
Cash fell
Bank deposits 5 057 NOK → 961 NOK (-81.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 14.1k NOK → 8 240 NOK (-41.6% YoY). Calculated