Org.nr 913 243 978 2021 → 2022 Year-over-year analysis

ACCELER8. AS: årsregnskap 2022 vs 2021

Shrank 83% on revenue, stronger earnings, cash halved-plus

approved 2023-06-30; registry 2023-07-22; journal 2023 634810

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACCELER8. AS. Revenue 1.46m NOK → 243.9k NOK (-83.3%). Net result -1.65m NOK → -121.6k NOK. Equity -594.5k NOK → -716.1k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACCELER8. AS.

Scorecard

Revenue
1.46m NOK 243.9k NOK
-83.3%
Operating result
-1.65m NOK -122.5k NOK
+92.6%
Net result
-1.65m NOK -121.6k NOK
+92.6%
Equity
-594.5k NOK -716.1k NOK
-20.5%
Cash
657.4k NOK 204.0k NOK
-69.0%
Total assets
1.28m NOK 833.8k NOK
-35.0%

What improved

  • ↑

    Operating result improved

    Operating result -1.65m NOK → -122.5k NOK (op. margin -112.9% → -50.2%). Calculated

  • ↑

    Net result improved

    Net result -1.65m NOK → -121.6k NOK (net margin -112.7% → -49.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.46m NOK to 243.9k NOK (-83.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -594.5k NOK → -716.1k NOK (equity ratio -46.3% → -85.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 657.4k NOK → 204.0k NOK (-69.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.70m NOK → 4.12m NOK (116% → 1688% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -85.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 0.1. Reported fact