ACCESS WORLD TECHNIC AS: årsregnskap 2023 vs 2022
Grew 6906% on revenue, returned to profit, cash halved-plus
approved 2024-01-31; registry 2024-03-13; journal 2024 325560
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACCESS WORLD TECHNIC AS. Revenue 179.7k NOK → 12.59m NOK (+6905.6%). Net result -316.5k NOK → +316.7k NOK. Equity -266.5k NOK → 50.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACCESS WORLD TECHNIC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 179.7k NOK to 12.59m NOK (+6905.6% YoY). Calculated
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↑
Operating result improved
Operating result -405.7k NOK → +684.7k NOK (op. margin -225.7% → 5.4%). Calculated
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Turned profitable
Net result flipped from a loss of 316.5k NOK to a profit of 316.7k NOK. Calculated
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Equity strengthened
Book equity -266.5k NOK → 50.0k NOK (equity ratio -42.2% → 68.1%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.60× → 3.13×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 299.9k NOK → 8 946 NOK (-97.0% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 144.7k NOK → 587.1k NOK (+305.6% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0.3 → 2. Reported fact