Org.nr 913 588 827 2017 → 2018 Year-over-year analysis

ACCURIZE AS: årsregnskap 2018 vs 2017

Shrank 100% on revenue, weaker earnings, fresh owner capital

approved 2019-06-28; registry 2019-07-29; journal 2019 815630

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ACCURIZE AS. Revenue 404.2k NOK → 1 498 NOK (-99.6%). Net result -109.8k NOK → -479.0k NOK. Equity -6 341 NOK → 10.11m NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
404.2k NOK 1 498 NOK
-99.6%
Operating result
-109.0k NOK -482.5k NOK
-342.5%
Net result
-109.8k NOK -479.0k NOK
-336.3%
Equity
-6 341 NOK 10.11m NOK
+159608.9%
Cash
341.5k NOK 438.5k NOK
+28.4%
Total assets
450.9k NOK 1.72m NOK
+281.6%

What improved

  • ↑

    Equity strengthened

    Book equity -6 341 NOK → 10.11m NOK (equity ratio -1.4% → 587.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 341.5k NOK → 438.5k NOK (+28.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.87m NOK → 2.47m NOK (+600.0k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 404.2k NOK to 1 498 NOK (-99.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -109.0k NOK → -482.5k NOK (op. margin -27.0% → -32206.7%). Calculated

  • ↓

    Net result weakened

    Net result -109.8k NOK → -479.0k NOK (net margin -27.2% → -31979.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 8.38m NOK → 9.75m NOK (2072% → 651162% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 32.9k NOK → 463.0k NOK (+1306.7% YoY). Calculated