ACCRUITY AS: årsregnskap 2017 vs 2016
Shrank 59% on revenue, slipped into loss, fresh owner capital
approved 2018-06-22; registry 2018-09-01; journal 2018 920546
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACCRUITY AS. Revenue 480.0k NOK → 198.3k NOK (-58.7%). Net result +182.5k NOK → -765.6k NOK. Equity 622.0k NOK → 66.4k NOK.
On the constructive side: cash rose; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCRUITY AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 65.2k NOK → 6.39m NOK (+9697.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.29× → 2.79×. Calculated
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↑
Owners injected capital
Paid-in equity rose 1.30m NOK → 2.51m NOK (+1.21m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 480.0k NOK to 198.3k NOK (-58.7% YoY). Calculated
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↓
Operating result weakened
Operating result +182.4k NOK → -582.8k NOK (op. margin 38.0% → -293.9%). Calculated
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Fell into a net loss
Net result flipped from 182.5k NOK profit to a loss of 765.6k NOK. Calculated
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↓
Equity eroded
Book equity 622.0k NOK → 66.4k NOK (equity ratio 73.1% → 27.3%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 200.0k NOK → 16.2k NOK. Reported fact