Org.nr 997 842 065 2018 → 2019 Year-over-year analysis

ACCURACY INFORMATION SYSTEMS AS: årsregnskap 2019 vs 2018

Fresh owner capital

approved 2020-08-30; registry 2020-10-03; journal 2020 936564

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACCURACY INFORMATION SYSTEMS AS. Revenue 1 784 NOK → 1 819 NOK (+2.0%). Equity 526.1k NOK → 677.3k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Net constructive year on the published lines.

At a glance

Revenue

1 784 NOK 1 819 NOK

+2.0%

Net result

n/m 0 NOK

—

Equity

526.1k NOK 677.3k NOK

+28.7%

Cash

43.1k NOK 193.0k NOK

+348.3%

Total assets

1.10m NOK 1.27m NOK

+15.2%

↑
Revenue rose

Operating income / revenue moved from 1 784 NOK to 1 819 NOK (+2.0% YoY). Calculated
↑
Equity strengthened

Book equity 526.1k NOK → 677.3k NOK (equity ratio 47.9% → 53.5%). Calculated
↑
Cash rose

Bank deposits 43.1k NOK → 193.0k NOK (+348.3% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 30.0k NOK → 677.3k NOK (+647.3k NOK). Reported fact

↓
Current ratio dropped below 1×

Current ratio 2.00× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated