ACCOUNTIT AS: årsregnskap 2021 vs 2020
Grew 25% on revenue, weaker earnings
approved 2022-06-30; registry 2022-07-09; journal 2022 607762
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACCOUNTIT AS. Revenue 1.85m NOK → 2.32m NOK (+25.2%). Net result +111.9k NOK → +73.2k NOK. Equity 260.5k NOK → 333.7k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ACCOUNTIT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.85m NOK to 2.32m NOK (+25.2% YoY). Calculated
-
↑
Operating result improved
Operating result +50.2k NOK → +57.3k NOK (op. margin 2.7% → 2.5%). Calculated
-
↑
Equity strengthened
Book equity 260.5k NOK → 333.7k NOK (equity ratio 33.2% → 476.6%). Calculated
-
↑
Cash rose
Bank deposits 270.8k NOK → 391.3k NOK (+44.5% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +111.9k NOK → +73.2k NOK (net margin 6.0% → 3.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.50× → 0.09× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.46m NOK → 1.87m NOK (79% → 81% of revenue). Calculated
-
·
Book investments changed
Investment / intangible book value 1 500 NOK → 2 500 NOK. Reported fact