ACCESSPOINT AS: årsregnskap 2021 vs 2020
Grew 6% on revenue, returned to profit, cash halved-plus
approved 2021-12-31; registry 2022-05-19; journal 2022 307429
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACCESSPOINT AS. Revenue 1.68m NOK → 1.78m NOK (+6.4%). Net result -2.65m NOK → +1.03m NOK. Equity 4.09m NOK → 4.27m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ACCESSPOINT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.68m NOK to 1.78m NOK (+6.4% YoY). Calculated
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↑
Operating result improved
Operating result +308.5k NOK → +1.33m NOK (op. margin 18.4% → 74.8%). Calculated
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Turned profitable
Net result flipped from a loss of 2.65m NOK to a profit of 1.03m NOK. Calculated
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↑
Equity strengthened
Book equity 4.09m NOK → 4.27m NOK (equity ratio 92.8% → 93.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 2.56m NOK → 701.8k NOK (-72.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.56m NOK → 701.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 3.68m NOK → 3.68m NOK. Reported fact