FirmaIQ
Org.nr 922 667 489 2020 → 2021 Year-over-year analysis

ACCELERATE SOFTWARE AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue, stronger earnings

approved 2022-05-25; registry 2022-06-27; journal 2022 520738

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACCELERATE SOFTWARE AS. Revenue 4 000 NOK → 0 NOK (-100.0%). Net result -18.6k NOK → -7 469 NOK. Equity 26.3k NOK → 18.9k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
4 000 NOK 0 NOK
-100.0%
Operating result
-22.8k NOK -7 469 NOK
+67.2%
Net result
-18.6k NOK -7 469 NOK
+59.9%
Equity
26.3k NOK 18.9k NOK
-28.4%
Cash
17.1k NOK 13.9k NOK
-19.0%
Total assets
22.1k NOK 18.9k NOK
-14.7%

What improved

  • ↑

    Operating result improved

    Operating result -22.8k NOK → -7 469 NOK. Calculated

  • ↑

    Net result improved

    Net result -18.6k NOK → -7 469 NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4 000 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 26.3k NOK → 18.9k NOK (equity ratio 119.1% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 17.1k NOK → 13.9k NOK (-19.0% YoY). Calculated