Org.nr 921 126 034 2021 → 2022 Year-over-year analysis

ACCEDE AS: årsregnskap 2022 vs 2021

Shrank 18% on revenue, weaker earnings

approved 2023-08-04; registry 2023-08-07; journal 2023 701152

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACCEDE AS. Revenue 881.2k NOK → 722.5k NOK (-18.0%). Net result -931.7k NOK → -1.14m NOK. Equity 3.83m NOK → 2.70m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCEDE AS.

Scorecard

Revenue
881.2k NOK 722.5k NOK
-18.0%
Operating result
-160.1k NOK -952.7k NOK
-495.1%
Net result
-931.7k NOK -1.14m NOK
-21.9%
Equity
3.83m NOK 2.70m NOK
-29.6%
Cash
491.5k NOK 1.14m NOK
+132.3%
Total assets
4.00m NOK 3.14m NOK
-21.5%

What improved

  • ↑

    Cash rose

    Bank deposits 491.5k NOK → 1.14m NOK (+132.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 881.2k NOK to 722.5k NOK (-18.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -160.1k NOK → -952.7k NOK (op. margin -18.2% → -131.9%). Calculated

  • ↓

    Net result weakened

    Net result -931.7k NOK → -1.14m NOK (net margin -105.7% → -157.3%). Calculated

  • ↓

    Equity eroded

    Book equity 3.83m NOK → 2.70m NOK (equity ratio 95.9% → 86.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 993.9k NOK → 1.28m NOK (113% → 178% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 790.0k NOK → 0 NOK. Reported fact