ACCELAT AS: årsregnskap 2023 vs 2022
Shrank 47% on revenue, stronger earnings
registry 2024-07-08; journal 2024 593993
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACCELAT AS. Revenue 17.87m NOK → 9.56m NOK (-46.5%). Net result -14.29m NOK → -1.58m NOK. Equity 4.28m NOK → 697.2k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCELAT AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -11.68m NOK → -1.59m NOK (op. margin -65.4% → -16.6%). Calculated
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Net result improved
Net result -14.29m NOK → -1.58m NOK (net margin -80.0% → -16.5%). Calculated
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Cash rose
Bank deposits 229.5k NOK → 885.6k NOK (+285.8% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.62× → 1.56×. Calculated
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Payroll decreased
Salary cost 4.80m NOK → 1.88m NOK (27% → 20% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 17.87m NOK to 9.56m NOK (-46.5% YoY). Calculated
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Equity eroded
Book equity 4.28m NOK → 697.2k NOK (equity ratio 73.6% → 21.8%). Calculated
Things to notice
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COGS fell
COGS / varekostnad 12.57m NOK → 7.61m NOK (-39.5% YoY). Calculated