ACCOUNT-IT AS: årsregnskap 2023 vs 2022
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2024-08-26; registry 2024-09-10; journal 2024 744483
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACCOUNT-IT AS. Revenue 11.11m NOK → 30.0k NOK (-99.7%). Net result +327.4k NOK → +33.5k NOK. Equity 1.14m NOK → 1.17m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ACCOUNT-IT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.14m NOK → 1.17m NOK (equity ratio 11.2% → 38.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 11.11m NOK to 30.0k NOK (-99.7% YoY). Calculated
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↓
Operating result weakened
Operating result +9 339 NOK → -19.3k NOK (op. margin 0.1% → -64.4%). Calculated
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↓
Net result weakened
Net result +327.4k NOK → +33.5k NOK (net margin 2.9% → 111.8%). Calculated
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↓
Cash fell
Bank deposits 9.94m NOK → 2.86m NOK (-71.3% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (9.94m NOK → 2.86m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 145.5k NOK → -857 NOK (-100.6% YoY). Calculated