ACCOUNTFLOW AS: årsregnskap 2022 vs 2021
Grew 77% on revenue, weaker earnings, fresh owner capital
approved 2023-07-31; registry 2023-08-03; journal 2023 698945
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACCOUNTFLOW AS. Revenue 2.80m NOK → 4.97m NOK (+77.4%). Net result -117.3k NOK → -5.03m NOK. Equity 911.1k NOK → 400.5k NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ACCOUNTFLOW AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.80m NOK to 4.97m NOK (+77.4% YoY). Calculated
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Cash rose
Bank deposits 37.1k NOK → 1.84m NOK (+4857.1% YoY). Calculated
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Owners injected capital
Paid-in equity rose 3.45m NOK → 15.97m NOK (+12.52m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +136.7k NOK → -4.14m NOK (op. margin 4.9% → -83.3%). Calculated
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↓
Net result weakened
Net result -117.3k NOK → -5.03m NOK (net margin -4.2% → -101.1%). Calculated
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Equity eroded
Book equity 911.1k NOK → 400.5k NOK (equity ratio 9.1% → 2.7%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 2.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1.22m NOK → 3.22m NOK (44% → 65% of revenue). Calculated