Org.nr 925 438 294 2020 → 2021 Year-over-year analysis

ACCOURAT LAGER OG HAGEARBEIDER AS: årsregnskap 2021 vs 2020

Grew 139% on revenue, weaker earnings, cash halved-plus

approved 2022-07-03; registry 2022-07-05; journal 2022 625356

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACCOURAT LAGER OG HAGEARBEIDER AS. Revenue 57.4k NOK → 137.3k NOK (+139.1%). Net result -41.0k NOK → -74.2k NOK. Equity -16.6k NOK → -90.8k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCOURAT LAGER OG HAGEARBEIDER AS.

Scorecard

Revenue
57.4k NOK 137.3k NOK
+139.1%
Operating result
-41.0k NOK -74.2k NOK
-80.9%
Net result
-41.0k NOK -74.2k NOK
-80.9%
Equity
-16.6k NOK -90.8k NOK
-447.0%
Cash
31.6k NOK -50.0k NOK
-258.3%
Total assets
93.9k NOK 8 825 NOK
-90.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 57.4k NOK to 137.3k NOK (+139.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -41.0k NOK → -74.2k NOK (op. margin -71.5% → -54.1%). Calculated

  • ↓

    Net result weakened

    Net result -41.0k NOK → -74.2k NOK (net margin -71.5% → -54.1%). Calculated

  • ↓

    Equity eroded

    Book equity -16.6k NOK → -90.8k NOK (equity ratio -17.7% → -1029.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 31.6k NOK → -50.0k NOK (-258.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.58× → -5.84× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1029.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation