Org.nr 920 272 916 2020 → 2021 Year-over-year analysis

ACCESS NORWAY CONSULTING AS: årsregnskap 2021 vs 2020

Grew 7996% on revenue, weaker earnings

registry 2022-06-25; journal 2022 515565

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACCESS NORWAY CONSULTING AS. Revenue 19.3k NOK → 1.56m NOK (+7995.8%). Net result +87.8k NOK → +59.1k NOK. Equity 12.18m NOK → 234.6k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
19.3k NOK 1.56m NOK
+7995.8%
Operating result
+96.9k NOK +75.3k NOK
-22.3%
Net result
+87.8k NOK +59.1k NOK
-32.7%
Equity
12.18m NOK 234.6k NOK
-98.1%
Cash
381.7k NOK 522.8k NOK
+37.0%
Total assets
438.1k NOK 820.2k NOK
+87.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 19.3k NOK to 1.56m NOK (+7995.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 381.7k NOK → 522.8k NOK (+37.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +96.9k NOK → +75.3k NOK (op. margin 502.7% → 4.8%). Calculated

  • ↓

    Net result weakened

    Net result +87.8k NOK → +59.1k NOK (net margin 455.2% → 3.8%). Calculated

  • ↓

    Equity eroded

    Book equity 12.18m NOK → 234.6k NOK (equity ratio 2779.3% → 28.6%). Calculated