ACCESS OSLO AS: årsregnskap 2022 vs 2021
Grew 55% on revenue, slipped into loss
approved 2023-11-22; registry 2024-02-22; journal 2024 309793
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACCESS OSLO AS. Revenue 7.41m NOK → 11.47m NOK (+54.7%). Net result +31.9k NOK → -3.13m NOK. Equity -6.39m NOK → -9.53m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACCESS OSLO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7.41m NOK to 11.47m NOK (+54.7% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +111.2k NOK → -3.09m NOK (op. margin 1.5% → -26.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 31.9k NOK profit to a loss of 3.13m NOK. Calculated
-
↓
Equity eroded
Book equity -6.39m NOK → -9.53m NOK (equity ratio -173.2% → -370.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.98× → 0.48× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -370.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 2.87m NOK → 6.25m NOK (39% → 55% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 1.31m NOK → 3.83m NOK (+193.0% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 105.6k NOK → 844 NOK. Reported fact