FirmaIQ
Org.nr 979 473 176 2020 → 2021 Year-over-year analysis

ACCOUNTRA SOFTWARE AS: årsregnskap 2021 vs 2020

Stronger earnings

registry 2023-11-06; journal 2023 736524

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACCOUNTRA SOFTWARE AS. Revenue 2.01m NOK → 2.07m NOK (+2.7%). Net result +341.4k NOK → +857.4k NOK. Equity 414.5k NOK → 271.9k NOK.

On the constructive side: revenue rose; net result improved; current ratio back above 1×. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACCOUNTRA SOFTWARE AS.

At a glance

Scorecard

Revenue
2.01m NOK 2.07m NOK
+2.7%
Operating result
+426.0k NOK +91.0k NOK
-78.6%
Net result
+341.4k NOK +857.4k NOK
+151.2%
Equity
414.5k NOK 271.9k NOK
-34.4%
Cash
717.5k NOK 647.8k NOK
-9.7%
Total assets
138.6k NOK 1.93m NOK
+1292.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.01m NOK to 2.07m NOK (+2.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +341.4k NOK → +857.4k NOK (net margin 17.0% → 41.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.17× → 2.91×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +426.0k NOK → +91.0k NOK (op. margin 21.2% → 4.4%). Calculated

  • ↓

    Equity eroded

    Book equity 414.5k NOK → 271.9k NOK (equity ratio 299.0% → 14.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 717.5k NOK → 647.8k NOK (-9.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.25m NOK → 2.88m NOK (62% → 139% of revenue). Calculated