FirmaIQ
Org.nr 990 067 686 2015 → 2016 Year-over-year analysis

ACCRETION AS: årsregnskap 2016 vs 2015

Cash halved-plus

approved 2017-06-27; registry 2017-07-12; journal 2017 684940

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ACCRETION AS. Revenue 1.79m NOK → 1.84m NOK (+2.9%).

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ACCRETION AS.

At a glance

Scorecard

Revenue
1.79m NOK 1.84m NOK
+2.9%
Operating result
+804.3k NOK +887.4k NOK
+10.3%
Cash
10.27m NOK 501.1k NOK
-95.1%
Total assets
11.55m NOK 12.97m NOK
+12.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.79m NOK to 1.84m NOK (+2.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +804.3k NOK → +887.4k NOK (op. margin 44.9% → 48.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 10.27m NOK → 501.1k NOK (-95.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (10.27m NOK → 501.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation