Org.nr 917 379 718 2022 → 2023 Year-over-year analysis

ACCESS SYSTEMS AS: årsregnskap 2023 vs 2022

Cash halved-plus

approved 2024-06-13; registry 2024-06-24; journal 2024 512699

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ACCESS SYSTEMS AS. Net result -439.0k NOK → -425.4k NOK. Equity -1.64m NOK → -2.06m NOK.

On the constructive side: operating 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
-439.0k NOK -425.4k NOK
+3.1%
Net result
-439.0k NOK -425.4k NOK
+3.1%
Equity
-1.64m NOK -2.06m NOK
-26.0%
Cash
10.6k NOK 2 083 NOK
-80.4%
Total assets
2.85m NOK 2.44m NOK
-14.3%

What improved

  • ↑

    Operating result improved

    Operating result -439.0k NOK → -425.4k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -1.64m NOK → -2.06m NOK (equity ratio -57.4% → -84.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 10.6k NOK → 2 083 NOK (-80.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -84.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation