ACCURATE BUSINESS AS: årsregnskap 2018 vs 2017
Shrank 11% on revenue, weaker earnings
approved 2019-03-07; registry 2019-03-12; journal 2019 230600
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for ACCURATE BUSINESS AS. Revenue 1.64m NOK → 1.45m NOK (-11.1%). Net result +200.9k NOK → +76.0k NOK. Equity 295.7k NOK → 371.7k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 295.7k NOK → 371.7k NOK (equity ratio 37.4% → 53.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.64m NOK to 1.45m NOK (-11.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +265.2k NOK → +99.9k NOK (op. margin 16.2% → 6.9%). Calculated
-
↓
Net result weakened
Net result +200.9k NOK → +76.0k NOK (net margin 12.3% → 5.2%). Calculated
-
↓
Cash fell
Bank deposits 206.6k NOK → 175.6k NOK (-15.0% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 641.2k NOK → 763.3k NOK (39% → 52% of revenue). Calculated