FirmaIQ
Org.nr 922 667 489 2022 → 2023 Year-over-year analysis

ACCELERATE SOFTWARE AS: årsregnskap 2023 vs 2022

Shrank 58% on revenue, slipped into loss, cash halved-plus

approved 2024-05-05; registry 2024-06-27; journal 2024 550412

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ACCELERATE SOFTWARE AS. Revenue 28.8k NOK → 12.0k NOK (-58.3%). Net result +5 758 NOK → -13.8k NOK. Equity 24.6k NOK → 10.8k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
28.8k NOK 12.0k NOK
-58.3%
Operating result
+5 758 NOK -13.8k NOK
-340.3%
Net result
+5 758 NOK -13.8k NOK
-340.3%
Equity
24.6k NOK 10.8k NOK
-56.2%
Cash
24.6k NOK 10.8k NOK
-56.2%
Total assets
24.6k NOK 10.8k NOK
-56.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 28.8k NOK to 12.0k NOK (-58.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5 758 NOK → -13.8k NOK (op. margin 20.0% → -115.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 5 758 NOK profit to a loss of 13.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 24.6k NOK → 10.8k NOK (equity ratio 100.0% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 24.6k NOK → 10.8k NOK (-56.2% YoY). Calculated