FirmaIQ
Org.nr 984 619 200 2020 → 2021 Year-over-year analysis

ACCELERATOR AS: årsregnskap 2021 vs 2020

Grew 9% on revenue, weaker earnings

approved 2022-03-16; registry 2022-04-23; journal 2022 189106

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACCELERATOR AS. Revenue 72.40m NOK → 79.10m NOK (+9.3%). Net result +1.25m NOK → +619.2k NOK. Equity 2.56m NOK → 1.83m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACCELERATOR AS.

At a glance

Scorecard

Revenue
72.40m NOK 79.10m NOK
+9.3%
Operating result
+456.5k NOK +493.3k NOK
+8.1%
Net result
+1.25m NOK +619.2k NOK
-50.3%
Equity
2.56m NOK 1.83m NOK
-28.5%
Cash
3.19m NOK 2.52m NOK
-21.0%
Total assets
13.16m NOK 12.54m NOK
-4.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 72.40m NOK to 79.10m NOK (+9.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +456.5k NOK → +493.3k NOK (op. margin 0.6% → 0.6%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +1.25m NOK → +619.2k NOK (net margin 1.7% → 0.8%). Calculated

  • ↓

    Equity eroded

    Book equity 2.56m NOK → 1.83m NOK (equity ratio 19.5% → 14.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.19m NOK → 2.52m NOK (-21.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 15.22m NOK → 18.28m NOK (21% → 23% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 43.89m NOK → 47.44m NOK (+8.1% YoY). Calculated