Org.nr 984 912 382 2022 → 2023 Year-over-year analysis

ACCELERATE BRANDS AS: årsregnskap 2023 vs 2022

Grew 477% on revenue, weaker earnings

approved 2024-09-19; registry 2024-09-23; journal 2024 749212

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ACCELERATE BRANDS AS. Revenue 38.42m NOK → 221.71m NOK (+477.1%). Net result +5.62m NOK → +3.88m NOK.

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

Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for ACCELERATE BRANDS AS.

Scorecard

Revenue
38.42m NOK 221.71m NOK
+477.1%
Operating result
+5.91m NOK +2.77m NOK
-53.2%
Net result
+5.62m NOK +3.88m NOK
-30.9%
Cash
7.77m NOK 4.33m NOK
-44.3%
Total assets
25.70m NOK 23.64m NOK
-8.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 38.42m NOK to 221.71m NOK (+477.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +5.91m NOK → +2.77m NOK (op. margin 15.4% → 1.2%). Calculated

  • ↓

    Net result weakened

    Net result +5.62m NOK → +3.88m NOK (net margin 14.6% → 1.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.77m NOK → 4.33m NOK (-44.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 13.1k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 178.8k NOK → 5.14m NOK (0% → 2% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 30.82m NOK → 29.18m NOK (-5.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 10.10m NOK → 11.72m NOK. Reported fact