ACCESS OSLO AS: årsregnskap 2021 vs 2020
Grew 31% on revenue, returned to profit, cash halved-plus
approved 2022-09-12; registry 2022-09-14; journal 2022 925445
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACCESS OSLO AS. Revenue 5.64m NOK → 7.41m NOK (+31.3%). Net result -313.5k NOK → +31.9k NOK. Equity -6.42m NOK → -6.39m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACCESS OSLO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 5.64m NOK to 7.41m NOK (+31.3% YoY). Calculated
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Operating result improved
Operating result -117.1k NOK → +111.2k NOK (op. margin -2.1% → 1.5%). Calculated
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Turned profitable
Net result flipped from a loss of 313.5k NOK to a profit of 31.9k NOK. Calculated
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Equity strengthened
Book equity -6.42m NOK → -6.39m NOK (equity ratio -371.0% → -173.2%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 19.5k NOK → 221 NOK (-98.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.13m NOK → 2.87m NOK (38% → 39% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.27m NOK → 1.31m NOK (+3.2% YoY). Calculated