ACCREDO AS: årsregnskap 2018 vs 2017
Slipped into loss, cash halved-plus
approved 2019-03-16; registry 2019-03-20; journal 2019 243654
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACCREDO AS. Revenue 0 NOK → 403.8k NOK. Net result +240.2k NOK → -1.05m NOK. Equity 5.28m NOK → 4.22m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ACCREDO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 403.8k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -6 875 NOK → -1.00m NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 240.2k NOK profit to a loss of 1.05m NOK. Calculated
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↓
Equity eroded
Book equity 5.28m NOK → 4.22m NOK (equity ratio 98.7% → 97.4%). Calculated
-
↓
Cash fell
Bank deposits 2.03m NOK → 701.2k NOK (-65.5% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.03m NOK → 701.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 2 013 NOK → 100.0k NOK. Reported fact