ACCOUNTOR VAT-SERVICE AS: årsregnskap 2021 vs 2020
Stronger earnings
approved 2022-06-29; registry 2022-07-12; journal 2022 630811
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACCOUNTOR VAT-SERVICE AS. Revenue 2.26m NOK → 2.17m NOK (-3.7%). Net result +22.6k NOK → +355.4k NOK. Equity 185.2k NOK → 181.5k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCOUNTOR VAT-SERVICE AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +116.6k NOK → +558.3k NOK (op. margin 5.2% → 25.7%). Calculated
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Net result improved
Net result +22.6k NOK → +355.4k NOK (net margin 1.0% → 16.4%). Calculated
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Cash rose
Bank deposits 40.3k NOK → 45.4k NOK (+12.6% YoY). Calculated
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Payroll decreased
Salary cost 2.04m NOK → 1.48m NOK (90% → 68% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.26m NOK to 2.17m NOK (-3.7% YoY). Calculated
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Equity eroded
Book equity 185.2k NOK → 181.5k NOK (equity ratio 6.7% → 5.3%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 5.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation