ACCREASE AS: årsregnskap 2022 vs 2021
Shrank 84% on revenue, weaker earnings, cash halved-plus
approved 2023-04-27; registry 2023-05-08; journal 2023 389396
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACCREASE AS. Revenue 988.3k NOK → 157.7k NOK (-84.0%). Net result -176.4k NOK → -665.8k NOK. Equity -289.9k NOK → -955.7k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCREASE AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.50× → 1.41×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 988.3k NOK to 157.7k NOK (-84.0% YoY). Calculated
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↓
Operating result weakened
Operating result -161.8k NOK → -640.5k NOK (op. margin -16.4% → -406.2%). Calculated
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↓
Net result weakened
Net result -176.4k NOK → -665.8k NOK (net margin -17.9% → -422.2%). Calculated
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↓
Equity eroded
Book equity -289.9k NOK → -955.7k NOK (equity ratio -101.0% → -626.7%). Calculated
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↓
Cash fell
Bank deposits 125.6k NOK → 62.3k NOK (-50.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -626.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation