Org.nr 992 102 888 2020 → 2021 Year-over-year analysis

ACCENDIA AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue, weaker earnings

approved 2022-03-30; registry 2022-05-30; journal 2022 374686

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACCENDIA AS. Revenue 4 698 NOK → 0 NOK (-100.0%). Net result -54.3k NOK → -101.5k NOK. Equity -902.4k NOK → -1.00m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCENDIA AS.

Scorecard

Revenue
4 698 NOK 0 NOK
-100.0%
Operating result
+4 698 NOK -28.6k NOK
-707.8%
Net result
-54.3k NOK -101.5k NOK
-87.0%
Equity
-902.4k NOK -1.00m NOK
-11.2%
Cash
15.3k NOK 13.6k NOK
-10.9%
Total assets
2.02m NOK 2.01m NOK
-0.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4 698 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4 698 NOK → -28.6k NOK. Calculated

  • ↓

    Net result weakened

    Net result -54.3k NOK → -101.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -902.4k NOK → -1.00m NOK (equity ratio -44.8% → -49.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 15.3k NOK → 13.6k NOK (-10.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -49.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation