Org.nr 984 912 382 2021 → 2022 Year-over-year analysis

ACCELERATE BRANDS AS: årsregnskap 2022 vs 2021

Grew 20% on revenue

approved 2023-07-07; registry 2023-08-05; journal 2023 645300

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ACCELERATE BRANDS AS. Revenue 31.91m NOK → 38.42m NOK (+20.4%). Net result +5.65m NOK → +5.62m NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ACCELERATE BRANDS AS.

At a glance

Revenue

31.91m NOK 38.42m NOK

+20.4%

Operating result

+7.68m NOK +5.91m NOK

-23.1%

Net result

+5.65m NOK +5.62m NOK

-0.6%

Equity

16.06m NOK n/m

—

Cash

3.37m NOK 7.77m NOK

+130.8%

Total assets

30.02m NOK 25.70m NOK

-14.4%

↑
Revenue rose

Operating income / revenue moved from 31.91m NOK to 38.42m NOK (+20.4% YoY). Calculated
↑
Cash rose

Bank deposits 3.37m NOK → 7.77m NOK (+130.8% YoY). Calculated
↑
Payroll decreased

Salary cost 5.13m NOK → 178.8k NOK (16% → 0% of revenue). Calculated

↓
Operating result weakened

Operating result +7.68m NOK → +5.91m NOK (op. margin 24.1% → 15.4%). Calculated

·
COGS moved

COGS / varekostnad 28.27m NOK → 30.82m NOK (+9.0% YoY). Calculated
·
Book investments changed

Investment / intangible book value 10.83m NOK → 10.10m NOK. Reported fact