Org.nr 927 119 226 2021 → 2022 Year-over-year analysis

ACCORTO AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, weaker earnings

approved 2023-05-31; registry 2023-08-02; journal 2023 681153

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACCORTO AS. Revenue 150.0k NOK → 300 NOK (-99.8%). Net result -3 564 NOK → -10.25m NOK. Equity -3.53m NOK → -13.78m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
150.0k NOK 300 NOK
-99.8%
Operating result
-3.43m NOK -9.42m NOK
-174.4%
Net result
-3 564 NOK -10.25m NOK
-287385.4%
Equity
-3.53m NOK -13.78m NOK
-289.9%
Cash
2 447 NOK 2.37m NOK
+96863.7%
Total assets
2.60m NOK 3.21m NOK
+23.6%

What improved

  • ↑

    Cash rose

    Bank deposits 2 447 NOK → 2.37m NOK (+96863.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 150.0k NOK to 300 NOK (-99.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -3.43m NOK → -9.42m NOK (op. margin -2288.7% → -3140417.3%). Calculated

  • ↓

    Net result weakened

    Net result -3 564 NOK → -10.25m NOK (net margin -2.4% → -3415327.0%). Calculated

  • ↓

    Equity eroded

    Book equity -3.53m NOK → -13.78m NOK (equity ratio -136.1% → -429.2%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 423.67× → 0.19× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -429.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation