Org.nr 913 685 733 2021 → 2022 Year-over-year analysis

A-CON AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, weaker earnings, cash halved-plus

approved 2023-03-14; registry 2023-06-03; journal 2023 459266

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A-CON AS. Revenue 393.2k NOK → 1 102 NOK (-99.7%). Net result -574.5k NOK → -971.1k NOK. Equity 257.6k NOK → -713.5k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A-CON AS.

Scorecard

Revenue
393.2k NOK 1 102 NOK
-99.7%
Operating result
-389.2k NOK -811.5k NOK
-108.5%
Net result
-574.5k NOK -971.1k NOK
-69.0%
Equity
257.6k NOK -713.5k NOK
-376.9%
Cash
152.2k NOK 67.1k NOK
-55.9%
Total assets
3.48m NOK 3.11m NOK
-10.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 393.2k NOK to 1 102 NOK (-99.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -389.2k NOK → -811.5k NOK (op. margin -99.0% → -73638.4%). Calculated

  • ↓

    Net result weakened

    Net result -574.5k NOK → -971.1k NOK (net margin -146.1% → -88120.0%). Calculated

  • ↓

    Equity eroded

    Book equity 257.6k NOK → -713.5k NOK (equity ratio 7.4% → -23.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 152.2k NOK → 67.1k NOK (-55.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -23.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 242.8k NOK → 209.2k NOK (-13.8% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 2. Reported fact