A-CIRCLE AS: årsregnskap 2022 vs 2021
Grew 47% on revenue, stronger earnings, cash halved-plus
approved 2023-06-30; registry 2023-07-10; journal 2023 566729
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A-CIRCLE AS. Revenue 4.39m NOK → 6.47m NOK (+47.3%). Net result +50.6k NOK → +259.8k NOK. Equity 237.2k NOK → 497.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A-CIRCLE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.39m NOK to 6.47m NOK (+47.3% YoY). Calculated
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Operating result improved
Operating result +187.5k NOK → +352.6k NOK (op. margin 4.3% → 5.4%). Calculated
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Net result improved
Net result +50.6k NOK → +259.8k NOK (net margin 1.2% → 4.0%). Calculated
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Equity strengthened
Book equity 237.2k NOK → 497.0k NOK. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 965.6k NOK → 373.2k NOK (-61.4% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 3.64m NOK → 4.99m NOK (83% → 77% of revenue). Calculated
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COGS moved
COGS / varekostnad 66.8k NOK → 347.1k NOK (+419.8% YoY). Calculated
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Book investments changed
Investment / intangible book value 1 NOK → 96.2k NOK. Reported fact