Org.nr 920 440 649 2020 → 2021 Year-over-year analysis

ACCEL GROWTH AS: årsregnskap 2021 vs 2020

Slipped into loss

approved 2022-08-22; registry 2022-08-27; journal 2022 911579

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACCEL GROWTH AS. Net result 0 NOK → -513.1k NOK. Equity 3 463 NOK → -509.7k NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

Scorecard

Operating result
-36 NOK -480.4k NOK
-1334297.2%
Net result
0 NOK -513.1k NOK
—
Equity
3 463 NOK -509.7k NOK
-14817.6%
Cash
463 NOK 3 470 NOK
+649.5%
Total assets
3 463 NOK 5 030 NOK
+45.2%

What improved

  • ↑

    Cash rose

    Bank deposits 463 NOK → 3 470 NOK (+649.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -36 NOK → -480.4k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 513.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3 463 NOK → -509.7k NOK (equity ratio 100.0% → -10132.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -10132.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation