ACCURACY INFORMATION SYSTEMS AS: årsregnskap 2016 vs 2015
Grew 51940% on revenue, cash halved-plus
approved 2017-07-13; registry 2017-08-08; journal 2017 852703
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACCURACY INFORMATION SYSTEMS AS. Revenue 1 701 NOK → 885.2k NOK (+51940.0%). Equity 793.5k NOK → 670.6k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACCURACY INFORMATION SYSTEMS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1 701 NOK to 885.2k NOK (+51940.0% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 793.5k NOK → 670.6k NOK (equity ratio 60.0% → 72.2%). Calculated
-
↓
Cash fell
Bank deposits 677.9k NOK → 328.8k NOK (-51.5% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 686.9k NOK → 773.1k NOK (40384% → 87% of revenue). Calculated