FirmaIQ
Org.nr 981 894 529 2022 → 2023 Year-over-year analysis

ACCELERATE AS: årsregnskap 2023 vs 2022

Grew 10% on revenue, stronger earnings

approved 2024-01-23; registry 2024-02-26; journal 2024 312187

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ACCELERATE AS. Revenue 10.46m NOK → 11.56m NOK (+10.4%). Net result +1.11m NOK → +1.38m NOK. Equity 1.65m NOK → 5.81m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACCELERATE AS.

At a glance

Scorecard

Revenue
10.46m NOK 11.56m NOK
+10.4%
Operating result
+418.3k NOK +1.72m NOK
+310.0%
Net result
+1.11m NOK +1.38m NOK
+24.5%
Equity
1.65m NOK 5.81m NOK
+252.2%
Cash
3.52m NOK 3.29m NOK
-6.6%
Total assets
4.90m NOK 4.53m NOK
-7.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.46m NOK to 11.56m NOK (+10.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +418.3k NOK → +1.72m NOK (op. margin 4.0% → 14.8%). Calculated

  • ↑

    Net result improved

    Net result +1.11m NOK → +1.38m NOK (net margin 10.6% → 12.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.65m NOK → 5.81m NOK (equity ratio 33.7% → 128.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 3.52m NOK → 3.29m NOK (-6.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.29m NOK → 2.53m NOK (22% → 22% of revenue). Calculated