Org.nr 928 792 234 2022 → 2023 Year-over-year analysis

ACCELEREX AS: årsregnskap 2023 vs 2022

Grew 3031% on revenue, weaker earnings

registry 2024-08-03; journal 2024 708295

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ACCELEREX AS. Revenue 17.4k NOK → 544.2k NOK (+3031.2%). Net result -30.2k NOK → -415.0k NOK. Equity 4 184 NOK → -410.9k NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ACCELEREX AS.

Scorecard

Revenue
17.4k NOK 544.2k NOK
+3031.2%
Operating result
-38.8k NOK -394.7k NOK
-917.8%
Net result
-30.2k NOK -415.0k NOK
-1272.2%
Equity
4 184 NOK -410.9k NOK
-9919.8%
Cash
5 259 NOK 35.0k NOK
+565.7%
Total assets
137.7k NOK 82.4k NOK
-40.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.4k NOK to 544.2k NOK (+3031.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 5 259 NOK → 35.0k NOK (+565.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -38.8k NOK → -394.7k NOK (op. margin -223.1% → -72.5%). Calculated

  • ↓

    Net result weakened

    Net result -30.2k NOK → -415.0k NOK (net margin -174.0% → -76.3%). Calculated

  • ↓

    Equity eroded

    Book equity 4 184 NOK → -410.9k NOK (equity ratio 3.0% → -498.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 56.85× → 0.64× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -498.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 15.5k NOK → 551.8k NOK (+3463.7% YoY). Calculated