ACCENDO INVESTMENT MANAGEMENT AS: årsregnskap 2022 vs 2021
Grew 519% on revenue, returned to profit, cash halved-plus
approved 2023-06-30; registry 2023-08-10; journal 2023 705723
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACCENDO INVESTMENT MANAGEMENT AS. Revenue 272.4k NOK → 1.69m NOK (+519.3%). Net result -1 646 NOK → +399.6k NOK. Equity 21.8k NOK → 421.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for ACCENDO INVESTMENT MANAGEMENT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 272.4k NOK to 1.69m NOK (+519.3% YoY). Calculated
-
↑
Operating result improved
Operating result -1 676 NOK → +502.0k NOK (op. margin -0.6% → 29.8%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 1 646 NOK to a profit of 399.6k NOK. Calculated
-
↑
Equity strengthened
Book equity 21.8k NOK → 421.3k NOK (equity ratio 9.4% → 52.2%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 5.23m NOK → 595.7k NOK (-88.6% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (5.23m NOK → 595.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Payroll increased
Salary cost 1 198 NOK → 1.05m NOK (0% → 62% of revenue). Calculated
-
·
Book investments changed
Investment / intangible book value 7 500 NOK → 10.0k NOK. Reported fact
-
·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact