ACCELAT AS: årsregnskap 2021 vs 2020
Grew 87976% on revenue, cash halved-plus
approved 2022-06-24; registry 2022-06-30; journal 2022 541528
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACCELAT AS. Revenue 18.2k NOK → 16.04m NOK (+87976.5%). Net result -4.08m NOK → -4.71m NOK. Equity 19.27m NOK → 14.57m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACCELAT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 18.2k NOK to 16.04m NOK (+87976.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -4.94m NOK → -5.91m NOK (op. margin -27114.1% → -36.9%). Calculated
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↓
Net result weakened
Net result -4.08m NOK → -4.71m NOK (net margin -22419.1% → -29.3%). Calculated
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↓
Equity eroded
Book equity 19.27m NOK → 14.57m NOK (equity ratio 80.9% → 75.8%). Calculated
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↓
Cash fell
Bank deposits 873.7k NOK → 289.2k NOK (-66.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 61.34× → 0.63× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 19.27m NOK → 14.57m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 4 799 NOK → 4.43m NOK (26% → 28% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 13.0k NOK → 12.47m NOK (+95539.8% YoY). Calculated