ACCON GROUP AS: årsregnskap 2021 vs 2020
Grew 35% on revenue, stronger earnings
approved 2022-06-10; registry 2022-07-06; journal 2022 579332
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACCON GROUP AS. Revenue 8.39m NOK → 11.36m NOK (+35.5%). Net result +3.86m NOK → +17.02m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ACCON GROUP AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 8.39m NOK to 11.36m NOK (+35.5% YoY). Calculated
-
↑
Operating result improved
Operating result -4.35m NOK → -2.66m NOK (op. margin -51.9% → -23.5%). Calculated
-
↑
Net result improved
Net result +3.86m NOK → +17.02m NOK (net margin 46.1% → 149.8%). Calculated
-
↑
Cash rose
Bank deposits 525.9k NOK → 956.1k NOK (+81.8% YoY). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 3.90× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 6.70m NOK → 7.13m NOK (80% → 63% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 40.4k NOK → 335.48m NOK (+829961.4% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 86.67m NOK → 94.15m NOK. Reported fact