Org.nr 985 267 421 2021 → 2022 Year-over-year analysis

ACCENDO PRODUKTUTVIKLING AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue

approved 2023-06-30; registry 2023-09-18; journal 2023 729206

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACCENDO PRODUKTUTVIKLING AS. Revenue 574.2k NOK → 0 NOK (-100.0%). Net result -274.5k NOK → -254.5k NOK. Equity -2.49m NOK → -2.75m NOK.

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

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

Scorecard

Revenue
574.2k NOK 0 NOK
-100.0%
Operating result
-277.6k NOK -262.8k NOK
+5.3%
Net result
-274.5k NOK -254.5k NOK
+7.3%
Equity
-2.49m NOK -2.75m NOK
-10.2%
Cash
2.88m NOK 1.83m NOK
-36.4%
Total assets
3.31m NOK 2.14m NOK
-35.3%

What improved

  • ↑

    Operating result improved

    Operating result -277.6k NOK → -262.8k NOK. Calculated

  • ↑

    Net result improved

    Net result -274.5k NOK → -254.5k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 574.2k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -2.49m NOK → -2.75m NOK (equity ratio -75.3% → -128.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.88m NOK → 1.83m NOK (-36.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -128.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 46.0k NOK → 0 NOK (-100.0% YoY). Calculated