Org.nr 990 694 311 2017 → 2018 Year-over-year analysis

ACCOUNTOR CREDIT GROUP AS: årsregnskap 2018 vs 2017

Grew 76% on revenue

approved 2019-06-12; registry 2019-06-25; journal 2019 518840

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ACCOUNTOR CREDIT GROUP AS. Revenue 89.0k NOK → 156.5k NOK (+75.8%). Equity 7.43m NOK → 7.33m NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.

Net constructive year on the published lines.

Scorecard

Revenue
89.0k NOK 156.5k NOK
+75.8%
Operating result
-48.7k NOK -7 854 NOK
+83.9%
Net result
-54.6k NOK n/m
—
Equity
7.43m NOK 7.33m NOK
-1.4%
Cash
961 NOK 45.8k NOK
+4667.5%
Total assets
9.77m NOK 9.83m NOK
+0.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 89.0k NOK to 156.5k NOK (+75.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -48.7k NOK → -7 854 NOK (op. margin -54.8% → -5.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 961 NOK → 45.8k NOK (+4667.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.43× → 1.69×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 7.43m NOK → 7.33m NOK (equity ratio 76.0% → 74.5%). Calculated