FirmaIQ
Org.nr 988 233 315 2017 → 2018 Year-over-year analysis

ACEL AS: årsregnskap 2018 vs 2017

Shrank 10% on revenue, weaker earnings

approved 2019-07-08; registry 2019-07-18; journal 2019 744180

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACEL AS. Revenue 174.76m NOK → 157.30m NOK (-10.0%). Net result +12.51m NOK → +4.91m NOK. Equity 36.98m NOK → 37.88m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACEL AS.

At a glance

Scorecard

Revenue
174.76m NOK 157.30m NOK
-10.0%
Operating result
n/m +8 NOK
—
Net result
+12.51m NOK +4.91m NOK
-60.8%
Equity
36.98m NOK 37.88m NOK
+2.4%
Total assets
88.98m NOK 85.04m NOK
-4.4%

What improved

  • ↑

    Equity strengthened

    Book equity 36.98m NOK → 37.88m NOK (equity ratio 41.6% → 44.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 174.76m NOK to 157.30m NOK (-10.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +12.51m NOK → +4.91m NOK (net margin 7.2% → 3.1%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 86.61m NOK → 80.67m NOK (-6.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.41m NOK → 10.80m NOK. Reported fact