Org.nr 917 379 718 2021 → 2022 Year-over-year analysis

ACCESS SYSTEMS AS: årsregnskap 2022 vs 2021

Another loss-making year

approved 2023-07-04; registry 2023-07-17; journal 2023 584747

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACCESS SYSTEMS AS. Net result -470.5k NOK → -439.0k NOK. Equity -1.20m NOK → -1.64m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCESS SYSTEMS AS.

Scorecard

Operating result
-470.5k NOK -439.0k NOK
+6.7%
Net result
-470.5k NOK -439.0k NOK
+6.7%
Equity
-1.20m NOK -1.64m NOK
-36.6%
Cash
16.1k NOK 10.6k NOK
-33.9%
Total assets
3.26m NOK 2.85m NOK
-12.5%

What improved

  • ↑

    Operating result improved

    Operating result -470.5k NOK → -439.0k NOK. Calculated

  • ↑

    Net result improved

    Net result -470.5k NOK → -439.0k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -1.20m NOK → -1.64m NOK (equity ratio -36.8% → -57.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 16.1k NOK → 10.6k NOK (-33.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -57.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation