Org.nr 990 694 311 2018 → 2019 Year-over-year analysis

ACCOUNTOR CREDIT GROUP AS: årsregnskap 2019 vs 2018

Shrank 13% on revenue

approved 2020-06-29; registry 2020-08-05; journal 2020 646808

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACCOUNTOR CREDIT GROUP AS. Revenue 156.5k NOK → 135.7k NOK (-13.3%). Equity 7.33m NOK → 7.18m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Revenue

156.5k NOK 135.7k NOK

-13.3%

Operating result

-7 854 NOK -53.2k NOK

-577.8%

Net result

n/m -151.5k NOK

—

Equity

7.33m NOK 7.18m NOK

-2.1%

Cash

45.8k NOK 29.0k NOK

-36.7%

Total assets

9.83m NOK 9.78m NOK

-0.5%

↓
Revenue fell

Operating income / revenue moved from 156.5k NOK to 135.7k NOK (-13.3% YoY). Calculated
↓
Operating result weakened

Operating result -7 854 NOK → -53.2k NOK (op. margin -5.0% → -39.2%). Calculated
↓
Equity eroded

Book equity 7.33m NOK → 7.18m NOK (equity ratio 74.5% → 73.4%). Calculated
↓
Cash fell

Bank deposits 45.8k NOK → 29.0k NOK (-36.7% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.69× → 0.64× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated