Org.nr 913 588 827 2016 → 2017 Year-over-year analysis

ACCURIZE AS: årsregnskap 2017 vs 2016

Grew 39804% on revenue, stronger earnings, fresh owner capital

approved 2018-06-27; registry 2018-07-12; journal 2018 695364

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for ACCURIZE AS. Revenue 1 013 NOK → 404.2k NOK (+39804.1%). Net result -282.9k NOK → -109.8k NOK. Equity -246.6k NOK → -6 341 NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACCURIZE AS.

Scorecard

Revenue
1 013 NOK 404.2k NOK
+39804.1%
Operating result
-282.0k NOK -109.0k NOK
+61.3%
Net result
-282.9k NOK -109.8k NOK
+61.2%
Equity
-246.6k NOK -6 341 NOK
+97.4%
Cash
12.1k NOK 341.5k NOK
+2725.6%
Total assets
568.9k NOK 450.9k NOK
-20.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 013 NOK to 404.2k NOK (+39804.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -282.0k NOK → -109.0k NOK (op. margin -27838.5% → -27.0%). Calculated

  • ↑

    Net result improved

    Net result -282.9k NOK → -109.8k NOK (net margin -27929.8% → -27.2%). Calculated

  • ↑

    Equity strengthened

    Book equity -246.6k NOK → -6 341 NOK (equity ratio -43.3% → -1.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 12.1k NOK → 341.5k NOK (+2725.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 178.5k NOK → 8.38m NOK (17616% → 2072% of revenue). Calculated