Org.nr 927 119 226 2020 → 2021 Year-over-year analysis

ACCORTO AS: årsregnskap 2021 vs 2020

Slipped into loss

approved 2022-06-29; registry 2022-08-02; journal 2022 850920

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACCORTO AS. Revenue 0 NOK → 150.0k NOK. Net result +17 NOK → -3 564 NOK. Equity 0 NOK → -3.53m NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

Scorecard

Revenue
0 NOK 150.0k NOK
—
Operating result
0 NOK -3.43m NOK
—
Net result
+17 NOK -3 564 NOK
-21064.7%
Equity
0 NOK -3.53m NOK
—
Cash
530 NOK 2 447 NOK
+361.7%
Total assets
0 NOK 2.60m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 150.0k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 530 NOK → 2 447 NOK (+361.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.97× → 423.67×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result 0 NOK → -3.43m NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 17 NOK profit to a loss of 3 564 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 0 NOK → -3.53m NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -136.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation