ACCESS HOLDING AS: årsregnskap 2021 vs 2020
Shrank 66% on revenue, weaker earnings, cash halved-plus
approved 2022-08-23; registry 2022-08-25; journal 2022 910272
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACCESS HOLDING AS. Revenue 114.4k NOK → 38.6k NOK (-66.3%). Net result +92.4k NOK → +72.3k NOK. Equity -229.4k NOK → -157.1k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACCESS HOLDING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -229.4k NOK → -157.1k NOK (equity ratio -15821.2% → -27177.9%). Calculated
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↑
Payroll decreased
Salary cost 737 NOK → -42.3k NOK (1% → -110% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 114.4k NOK to 38.6k NOK (-66.3% YoY). Calculated
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↓
Operating result weakened
Operating result +92.4k NOK → +72.3k NOK (op. margin 80.8% → 187.5%). Calculated
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↓
Net result weakened
Net result +92.4k NOK → +72.3k NOK (net margin 80.8% → 187.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -27177.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Headcount (årsverk) changed
Reported FTEs 0.25 → 0. Reported fact