ACCESSIT AS: årsregnskap 2022 vs 2021
Shrank 8% on revenue, weaker earnings
approved 2023-06-29; registry 2023-07-08; journal 2023 557440
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACCESSIT AS. Revenue 569.4k NOK → 526.6k NOK (-7.5%). Net result -190.9k NOK → -274.4k NOK. Equity -3.23m NOK → -3.50m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCESSIT AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 569.4k NOK to 526.6k NOK (-7.5% YoY). Calculated
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Operating result weakened
Operating result -48.4k NOK → -132.3k NOK (op. margin -8.5% → -25.1%). Calculated
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Net result weakened
Net result -190.9k NOK → -274.4k NOK (net margin -33.5% → -52.1%). Calculated
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Equity eroded
Book equity -3.23m NOK → -3.50m NOK (equity ratio -411.2% → -611.8%). Calculated
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Cash fell
Bank deposits 175.8k NOK → 112.7k NOK (-35.9% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -611.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation