Org.nr 920 272 916 2021 → 2022 Year-over-year analysis

ACCESS NORWAY CONSULTING AS: årsregnskap 2022 vs 2021

Grew 62% on revenue, stronger earnings, cash halved-plus

registry 2023-03-18; journal 2023 327365

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACCESS NORWAY CONSULTING AS. Revenue 1.56m NOK → 2.52m NOK (+61.5%). Net result +59.1k NOK → +404.6k NOK. Equity 234.6k NOK → 639.2k NOK.

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

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

Scorecard

Revenue
1.56m NOK 2.52m NOK
+61.5%
Operating result
+75.3k NOK +520.3k NOK
+591.1%
Net result
+59.1k NOK +404.6k NOK
+584.5%
Equity
234.6k NOK 639.2k NOK
+172.4%
Cash
522.8k NOK 118.8k NOK
-77.3%
Total assets
820.2k NOK 499.8k NOK
-39.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.56m NOK to 2.52m NOK (+61.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +75.3k NOK → +520.3k NOK (op. margin 4.8% → 20.6%). Calculated

  • ↑

    Net result improved

    Net result +59.1k NOK → +404.6k NOK (net margin 3.8% → 16.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 234.6k NOK → 639.2k NOK (equity ratio 28.6% → 127.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 522.8k NOK → 118.8k NOK (-77.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.40× → 0.58× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 8 408 NOK → 19.4k NOK (+130.7% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 2. Reported fact