FirmaIQ
Org.nr 986 804 145 2017 → 2018 Year-over-year analysis

ACCURO CONSULTING AS: årsregnskap 2018 vs 2017

Shrank 29% on revenue, cash halved-plus, fresh owner capital

approved 2019-06-30; registry 2019-07-31; journal 2019 829323

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACCURO CONSULTING AS. Revenue 3.43m NOK → 2.42m NOK (-29.3%). Equity 13.23m NOK → 12 NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCURO CONSULTING AS.

At a glance

Scorecard

Revenue
3.43m NOK 2.42m NOK
-29.3%
Equity
13.23m NOK 12 NOK
-100.0%
Cash
218.1k NOK 101.4k NOK
-53.5%
Total assets
1.22m NOK 625.1k NOK
-49.0%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 110.0k NOK → 1.11m NOK (+1.00m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.43m NOK to 2.42m NOK (-29.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 13.23m NOK → 12 NOK (equity ratio 1080.2% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 218.1k NOK → 101.4k NOK (-53.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation