Org.nr 990 067 686 2021 → 2022 Year-over-year analysis

ACCRETION AS: årsregnskap 2022 vs 2021

Grew 9% on revenue, slipped into loss

approved 2023-05-23; registry 2023-07-03; journal 2023 565401

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACCRETION AS. Revenue 1.92m NOK → 2.09m NOK (+8.7%). Net result +2.78m NOK → -451.3k NOK. Equity 19.40m NOK → 18.95m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Net tougher year on the published lines.

Scorecard

Revenue
1.92m NOK 2.09m NOK
+8.7%
Operating result
+905.7k NOK +92.3k NOK
-89.8%
Net result
+2.78m NOK -451.3k NOK
-116.2%
Equity
19.40m NOK 18.95m NOK
-2.3%
Cash
701.7k NOK 641.6k NOK
-8.6%
Total assets
21.86m NOK 19.59m NOK
-10.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.92m NOK to 2.09m NOK (+8.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 918.9k NOK → 899.3k NOK (48% → 43% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +905.7k NOK → +92.3k NOK (op. margin 47.1% → 4.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2.78m NOK profit to a loss of 451.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 19.40m NOK → 18.95m NOK (equity ratio 88.8% → 96.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 701.7k NOK → 641.6k NOK (-8.6% YoY). Calculated