ACCOUNTRA SOFTWARE AS: årsregnskap 2017 vs 2016
Shrank 72% on revenue
approved 2019-04-04; registry 2019-04-10; journal 2019 281611
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACCOUNTRA SOFTWARE AS. Revenue 2.07m NOK → 569.6k NOK (-72.5%). Equity 100.6k NOK → -159.5k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCOUNTRA SOFTWARE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 17.2k NOK → 35.0k NOK (+103.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.07m NOK to 569.6k NOK (-72.5% YoY). Calculated
-
↓
Equity eroded
Book equity 100.6k NOK → -159.5k NOK (equity ratio 8.1% → -149.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.06× → 0.32× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -149.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation