ACCURACY INFORMATION SYSTEMS AS: årsregnskap 2017 vs 2016
Cash halved-plus
approved 2018-06-30; registry 2018-08-04; journal 2018 901750
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACCURACY INFORMATION SYSTEMS AS. Revenue 885.2k NOK → 848.2k NOK (-4.2%). Equity 670.6k NOK → 672.7k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCURACY INFORMATION SYSTEMS AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 670.6k NOK → 672.7k NOK (equity ratio 72.2% → 55.5%). Calculated
-
↑
Payroll decreased
Salary cost 773.1k NOK → 666.3k NOK (87% → 79% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 885.2k NOK to 848.2k NOK (-4.2% YoY). Calculated
-
↓
Cash fell
Bank deposits 328.8k NOK → 721 NOK (-99.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.77× → 0.73× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 471.7k NOK → 872.9k NOK. Reported fact