ACCURACY INFORMATION SYSTEMS AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue
approved 2019-06-09; registry 2019-08-03; journal 2019 894706
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACCURACY INFORMATION SYSTEMS AS. Revenue 848.2k NOK → 1 784 NOK (-99.8%). Equity 672.7k NOK → 526.1k NOK.
On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 721 NOK → 43.1k NOK (+5872.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.73× → 2.00×. Calculated
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↑
Payroll decreased
Salary cost 666.3k NOK → 370 NOK (79% → 21% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 848.2k NOK to 1 784 NOK (-99.8% YoY). Calculated
-
↓
Equity eroded
Book equity 672.7k NOK → 526.1k NOK (equity ratio 55.5% → 47.9%). Calculated