Org.nr 990 694 311 2020 → 2021 Year-over-year analysis

ACCOUNTOR CREDIT GROUP AS: årsregnskap 2021 vs 2020

Shrank 43% on revenue

approved 2022-06-29; registry 2022-07-12; journal 2022 630063

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACCOUNTOR CREDIT GROUP AS. Revenue 158.2k NOK → 89.7k NOK (-43.3%). Net result -150.7k NOK → -136.3k NOK. Equity 7.03m NOK → 6.89m NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCOUNTOR CREDIT GROUP AS.

Scorecard

Revenue
158.2k NOK 89.7k NOK
-43.3%
Operating result
-46.7k NOK -28.1k NOK
+39.8%
Net result
-150.7k NOK -136.3k NOK
+9.5%
Equity
7.03m NOK 6.89m NOK
-1.9%
Cash
4 976 NOK 12.9k NOK
+158.8%
Total assets
9.78m NOK 9.77m NOK
-0.2%

What improved

  • ↑

    Operating result improved

    Operating result -46.7k NOK → -28.1k NOK (op. margin -29.5% → -31.4%). Calculated

  • ↑

    Net result improved

    Net result -150.7k NOK → -136.3k NOK (net margin -95.2% → -152.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 4 976 NOK → 12.9k NOK (+158.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 158.2k NOK to 89.7k NOK (-43.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 7.03m NOK → 6.89m NOK (equity ratio 71.8% → 70.5%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 30.7k NOK → 18.9k NOK (-38.3% YoY). Calculated