ACCOUNTABLE AS: årsregnskap 2021 vs 2020
Shrank 40% on revenue, weaker earnings
approved 2022-06-30; registry 2022-08-02; journal 2022 854764
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACCOUNTABLE AS. Revenue 910.1k NOK → 549.1k NOK (-39.7%). Net result +866.4k NOK → +111.0k NOK. Equity 41.1k NOK → 1.15m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCOUNTABLE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +111.1k NOK → +275.9k NOK (op. margin 12.2% → 50.2%). Calculated
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↑
Equity strengthened
Book equity 41.1k NOK → 1.15m NOK (equity ratio 7.7% → 94.7%). Calculated
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↑
Cash rose
Bank deposits 264.6k NOK → 955.1k NOK (+261.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 7.73m NOK → 2.22m NOK (850% → 405% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 910.1k NOK to 549.1k NOK (-39.7% YoY). Calculated
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↓
Net result weakened
Net result +866.4k NOK → +111.0k NOK (net margin 95.2% → 20.2%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 997 NOK → 5 212 NOK. Reported fact