FirmaIQ
Org.nr 912 778 665 2016 → 2017 Year-over-year analysis

ACCRUE AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-04-12; registry 2018-04-19; journal 2018 273348

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACCRUE AS. Revenue 1.65m NOK → 1.71m NOK (+3.5%). Net result +620.7k NOK → +977.5k NOK. Equity 31.2k NOK → 30.7k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACCRUE AS.

At a glance

Scorecard

Revenue
1.65m NOK 1.71m NOK
+3.5%
Operating result
n/m +901.1k NOK
—
Net result
+620.7k NOK +977.5k NOK
+57.5%
Equity
31.2k NOK 30.7k NOK
-1.6%
Cash
513.3k NOK 908.6k NOK
+77.0%
Total assets
26.7k NOK 1.37m NOK
+5028.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.65m NOK to 1.71m NOK (+3.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +620.7k NOK → +977.5k NOK (net margin 37.5% → 57.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 513.3k NOK → 908.6k NOK (+77.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 38.1k NOK → 330.7k NOK. Reported fact