FirmaIQ
Org.nr 962 226 655 2020 → 2021 Year-over-year analysis

ACCION AS: årsregnskap 2021 vs 2020

Grew 3700% on revenue, stronger earnings

approved 2021-12-31; registry 2023-02-02; journal 2023 303832

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACCION AS. Revenue 21.2k NOK → 806.6k NOK (+3700.0%). Net result -465.2k NOK → -324.2k NOK. Equity 12.22m NOK → -106 NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCION AS.

At a glance

Scorecard

Revenue
21.2k NOK 806.6k NOK
+3700.0%
Operating result
-49.2k NOK +53.0k NOK
+207.7%
Net result
-465.2k NOK -324.2k NOK
+30.3%
Equity
12.22m NOK -106 NOK
-100.0%
Cash
5 844 NOK 34.1k NOK
+484.1%
Total assets
9.40m NOK 8.88m NOK
-5.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 21.2k NOK to 806.6k NOK (+3700.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -49.2k NOK → +53.0k NOK (op. margin -231.7% → 6.6%). Calculated

  • ↑

    Net result improved

    Net result -465.2k NOK → -324.2k NOK (net margin -2191.6% → -40.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 5 844 NOK → 34.1k NOK (+484.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 12.22m NOK → -106 NOK (equity ratio 130.0% → -0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation