ACCION AS: årsregnskap 2022 vs 2021
Shrank 8% on revenue, stronger earnings
approved 2023-06-26; registry 2023-07-03; journal 2023 556644
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACCION AS. Revenue 806.6k NOK → 745.7k NOK (-7.6%). Net result -324.2k NOK → -214.1k NOK. Equity -106 NOK → -320.1k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACCION AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +53.0k NOK → +74.5k NOK (op. margin 6.6% → 10.0%). Calculated
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↑
Net result improved
Net result -324.2k NOK → -214.1k NOK (net margin -40.2% → -28.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 806.6k NOK to 745.7k NOK (-7.6% YoY). Calculated
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↓
Equity eroded
Book equity -106 NOK → -320.1k NOK (equity ratio -0.0% → -3.8%). Calculated
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↓
Cash fell
Bank deposits 34.1k NOK → 17.9k NOK (-47.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.66× → 0.10× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
COGS moved
COGS / varekostnad 0 NOK → 27.3k NOK (None YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 1.00m NOK → 720.0k NOK. Reported fact