ACCESS 24/7 AS: årsregnskap 2021 vs 2020
Grew 16% on revenue, returned to profit, cash halved-plus
approved 2022-06-30; registry 2022-08-02; journal 2022 873536
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACCESS 24/7 AS. Revenue 2.92m NOK → 3.38m NOK (+15.5%). Net result -68.0k NOK → +306.1k NOK. Equity 338.7k NOK → 544.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ACCESS 24/7 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.92m NOK to 3.38m NOK (+15.5% YoY). Calculated
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↑
Operating result improved
Operating result +99.5k NOK → +523.9k NOK (op. margin 3.4% → 15.5%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 68.0k NOK to a profit of 306.1k NOK. Calculated
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↑
Equity strengthened
Book equity 338.7k NOK → 544.9k NOK (equity ratio 10.2% → 15.1%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 735.8k NOK → 28.5k NOK (-96.1% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3 736 NOK → 791.5k NOK (0% → 23% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 402.3k NOK → 722.6k NOK (+79.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 258.8k NOK → 37.9k NOK. Reported fact