Org.nr 979 473 176 2018 → 2019 Year-over-year analysis

ACCOUNTRA SOFTWARE AS: årsregnskap 2019 vs 2018

Grew 127436% on revenue, stronger earnings

registry 2022-07-23; journal 2022 762014

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ACCOUNTRA SOFTWARE AS. Revenue 1 123 NOK → 1.43m NOK (+127436.0%). Net result +52.7k NOK → +179.8k NOK. Equity -106.7k NOK → 73.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACCOUNTRA SOFTWARE AS.

Scorecard

Revenue
1 123 NOK 1.43m NOK
+127436.0%
Operating result
+52.2k NOK +179.7k NOK
+244.5%
Net result
+52.7k NOK +179.8k NOK
+240.9%
Equity
-106.7k NOK 73.1k NOK
+168.5%
Cash
112.5k NOK 147.5k NOK
+31.1%
Total assets
275.1k NOK 442.7k NOK
+60.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 123 NOK to 1.43m NOK (+127436.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +52.2k NOK → +179.7k NOK (op. margin 4646.2% → 12.6%). Calculated

  • ↑

    Net result improved

    Net result +52.7k NOK → +179.8k NOK (net margin 4696.8% → 12.6%). Calculated

  • ↑

    Equity strengthened

    Book equity -106.7k NOK → 73.1k NOK (equity ratio -38.8% → 16.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 112.5k NOK → 147.5k NOK (+31.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 927.9k NOK → 963.4k NOK (82630% → 67% of revenue). Calculated