Org.nr 988 940 224 2018 → 2019 Year-over-year analysis

ACCRUITY AS: årsregnskap 2019 vs 2018

Grew 12730% on revenue, stronger earnings, cash halved-plus

approved 2020-08-17; registry 2020-08-29; journal 2020 709071

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ACCRUITY AS. Revenue 198 NOK → 25.4k NOK (+12730.3%). Net result -379.3k NOK → -269.8k NOK. Equity 687.0k NOK → 417.2k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCRUITY AS.

Scorecard

Revenue
198 NOK 25.4k NOK
+12730.3%
Operating result
-380.6k NOK -272.4k NOK
+28.4%
Net result
-379.3k NOK -269.8k NOK
+28.9%
Equity
687.0k NOK 417.2k NOK
-39.3%
Cash
465.2k NOK 129.3k NOK
-72.2%
Total assets
917.7k NOK 445.6k NOK
-51.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 198 NOK to 25.4k NOK (+12730.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -380.6k NOK → -272.4k NOK (op. margin -192236.9% → -1072.3%). Calculated

  • ↑

    Net result improved

    Net result -379.3k NOK → -269.8k NOK (net margin -191584.3% → -1062.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 687.0k NOK → 417.2k NOK (equity ratio 74.9% → 93.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 465.2k NOK → 129.3k NOK (-72.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 16.2k NOK → 6.27m NOK. Reported fact