Org.nr 920 029 582 2021 → 2022 Year-over-year analysis

ACCOUNTIT AS: årsregnskap 2022 vs 2021

Shrank 8% on revenue, weaker earnings

approved 2023-07-11; registry 2023-08-01; journal 2023 633084

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACCOUNTIT AS. Revenue 2.32m NOK → 2.14m NOK (-7.6%). Net result +73.2k NOK → +21.1k NOK. Equity 333.7k NOK → 354.7k NOK.

On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCOUNTIT AS.

Scorecard

Revenue
2.32m NOK 2.14m NOK
-7.6%
Operating result
+57.3k NOK +52.2k NOK
-8.8%
Net result
+73.2k NOK +21.1k NOK
-71.2%
Equity
333.7k NOK 354.7k NOK
+6.3%
Cash
391.3k NOK 374.9k NOK
-4.2%
Total assets
70.0k NOK 971.7k NOK
+1287.8%

What improved

  • ↑

    Equity strengthened

    Book equity 333.7k NOK → 354.7k NOK (equity ratio 476.6% → 36.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.09× → 1.57×. Calculated

  • ↑

    Payroll decreased

    Salary cost 1.87m NOK → 1.73m NOK (81% → 80% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.32m NOK to 2.14m NOK (-7.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +57.3k NOK → +52.2k NOK (op. margin 2.5% → 2.4%). Calculated

  • ↓

    Net result weakened

    Net result +73.2k NOK → +21.1k NOK (net margin 3.2% → 1.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 391.3k NOK → 374.9k NOK (-4.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2 500 NOK → 3 500 NOK. Reported fact