Org.nr 930 081 523 2022 → 2023 Year-over-year analysis

ACCEPT DENTAL AS: årsregnskap 2023 vs 2022

Grew 89% on revenue, stronger earnings

approved 2024-05-27; registry 2024-05-29; journal 2024 453091

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ACCEPT DENTAL AS. Revenue 492.9k NOK → 931.2k NOK (+88.9%). Net result +143.4k NOK → +391.1k NOK. Equity 173.4k NOK → 564.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACCEPT DENTAL AS.

Scorecard

Revenue
492.9k NOK 931.2k NOK
+88.9%
Operating result
+183.8k NOK +501.6k NOK
+172.9%
Net result
+143.4k NOK +391.1k NOK
+172.8%
Equity
173.4k NOK 564.5k NOK
+225.6%
Cash
26.9k NOK 806.0k NOK
+2895.4%
Total assets
213.8k NOK 608.7k NOK
+184.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 492.9k NOK to 931.2k NOK (+88.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +183.8k NOK → +501.6k NOK (op. margin 37.3% → 53.9%). Calculated

  • ↑

    Net result improved

    Net result +143.4k NOK → +391.1k NOK (net margin 29.1% → 42.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 173.4k NOK → 564.5k NOK (equity ratio 81.1% → 92.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 26.9k NOK → 806.0k NOK (+2895.4% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5.29× → 0.50× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 300.0k NOK → 657.4k NOK (+119.1% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 2. Reported fact