ACCOUNTFLOW AS: årsregnskap 2023 vs 2022
Grew 41% on revenue, stronger earnings, cash halved-plus
approved 2024-09-30; registry 2024-10-02; journal 2024 750967
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACCOUNTFLOW AS. Revenue 4.97m NOK → 7.01m NOK (+41.0%). Net result -5.03m NOK → -2.43m NOK. Equity 400.5k NOK → 12.35m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. 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 4.97m NOK to 7.01m NOK (+41.0% YoY). Calculated
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Operating result improved
Operating result -4.14m NOK → -2.32m NOK (op. margin -83.3% → -33.0%). Calculated
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Net result improved
Net result -5.03m NOK → -2.43m NOK (net margin -101.1% → -34.7%). Calculated
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Equity strengthened
Book equity 400.5k NOK → 12.35m NOK (equity ratio 2.7% → 73.7%). Calculated
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Owners injected capital
Paid-in equity rose 15.97m NOK → 22.35m NOK (+6.39m NOK). Reported fact
What deteriorated
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Cash fell
Bank deposits 1.84m NOK → 119.8k NOK (-93.5% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.84m NOK → 119.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS fell
COGS / varekostnad 155.4k NOK → 77.3k NOK (-50.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 35.6k NOK → 0 NOK. Reported fact