Org.nr 998 602 394 2022 → 2023 Year-over-year analysis

ACCESSIT AS: årsregnskap 2023 vs 2022

Grew 19% on revenue, stronger earnings

approved 2024-06-30; registry 2024-07-11; journal 2024 613667

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ACCESSIT AS. Revenue 526.6k NOK → 627.7k NOK (+19.2%). Net result -274.4k NOK → -107.9k NOK. Equity -3.50m NOK → -3.61m NOK.

On the constructive side: revenue rose; 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 ACCESSIT AS.

Scorecard

Revenue
526.6k NOK 627.7k NOK
+19.2%
Operating result
-132.3k NOK +22.4k NOK
+116.9%
Net result
-274.4k NOK -107.9k NOK
+60.7%
Equity
-3.50m NOK -3.61m NOK
-3.1%
Cash
112.7k NOK 87.4k NOK
-22.4%
Total assets
572.5k NOK 87.9k NOK
-84.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 526.6k NOK to 627.7k NOK (+19.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -132.3k NOK → +22.4k NOK (op. margin -25.1% → 3.6%). Calculated

  • ↑

    Net result improved

    Net result -274.4k NOK → -107.9k NOK (net margin -52.1% → -17.2%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -3.50m NOK → -3.61m NOK (equity ratio -611.8% → -4109.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 112.7k NOK → 87.4k NOK (-22.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -4109.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation