ACCRUITY REGNSKAP AS: årsregnskap 2021 vs 2020
Grew 12% on revenue, stronger earnings
approved 2022-01-14; registry 2022-01-19; journal 2022 107729
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACCRUITY REGNSKAP AS. Revenue 1.64m NOK → 1.83m NOK (+11.8%). Net result +48.4k NOK → +185.9k NOK. Equity 12.37m NOK → 11.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACCRUITY REGNSKAP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.64m NOK to 1.83m NOK (+11.8% YoY). Calculated
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↑
Operating result improved
Operating result +84.7k NOK → +113.8k NOK (op. margin 5.2% → 6.2%). Calculated
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Net result improved
Net result +48.4k NOK → +185.9k NOK (net margin 3.0% → 10.2%). Calculated
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↑
Cash rose
Bank deposits 233.5k NOK → 610.9k NOK (+161.7% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 12.37m NOK → 11.4k NOK (equity ratio 1038.3% → 1.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 14.7k NOK → 700.0k NOK. Reported fact