FirmaIQ
Org.nr 913 243 978 2020 → 2021 Year-over-year analysis

ACCELER8. AS: årsregnskap 2021 vs 2020

Shrank 69% on revenue, slipped into loss

approved 2022-06-29; registry 2022-07-18; journal 2022 733522

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACCELER8. AS. Revenue 4.74m NOK → 1.46m NOK (-69.1%). Net result +588.1k NOK → -1.65m NOK. Equity 1.05m NOK → -594.5k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCELER8. AS.

At a glance

Scorecard

Revenue
4.74m NOK 1.46m NOK
-69.1%
Operating result
+37.4k NOK -1.65m NOK
-4519.3%
Net result
+588.1k NOK -1.65m NOK
-380.3%
Equity
1.05m NOK -594.5k NOK
-156.4%
Cash
14.6k NOK 657.4k NOK
+4395.5%
Total assets
3.67m NOK 1.28m NOK
-65.1%

What improved

  • ↑

    Cash rose

    Bank deposits 14.6k NOK → 657.4k NOK (+4395.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.74m NOK to 1.46m NOK (-69.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +37.4k NOK → -1.65m NOK (op. margin 0.8% → -112.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 588.1k NOK profit to a loss of 1.65m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.05m NOK → -594.5k NOK (equity ratio 28.7% → -46.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.36m NOK → 1.70m NOK (29% → 116% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -46.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation