ACCOMMODATE AS: årsregnskap 2021 vs 2020
Grew 202% on revenue, returned to profit, cash halved-plus
approved 2022-07-08; registry 2022-07-30; journal 2022 753312
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACCOMMODATE AS. Revenue 1.98m NOK → 5.99m NOK (+201.8%). Net result -383.5k NOK → +424.2k NOK. Equity 513.0k NOK → 337.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for ACCOMMODATE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.98m NOK to 5.99m NOK (+201.8% YoY). Calculated
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Operating result improved
Operating result -488.2k NOK → +554.4k NOK (op. margin -24.6% → 9.3%). Calculated
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Turned profitable
Net result flipped from a loss of 383.5k NOK to a profit of 424.2k NOK. Calculated
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Payroll decreased
Salary cost 400.4k NOK → 390.5k NOK (20% → 7% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 513.0k NOK → 337.3k NOK (equity ratio 53.4% → 916.1%). Calculated
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↓
Cash fell
Bank deposits 4.50m NOK → 804.7k NOK (-82.1% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (4.50m NOK → 804.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 1.73m NOK → 4.63m NOK (+167.6% YoY). Calculated