Org.nr 997 842 065 2020 → 2021 Year-over-year analysis

ACCURACY INFORMATION SYSTEMS AS: årsregnskap 2021 vs 2020

Stronger earnings

registry 2022-08-02; journal 2022 870424

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACCURACY INFORMATION SYSTEMS AS. Revenue 1 874 NOK → 1 825 NOK (-2.6%). Net result +44.3k NOK → +61.3k NOK. Equity 721.5k NOK → 782.9k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCURACY INFORMATION SYSTEMS AS.

Scorecard

Revenue
1 874 NOK 1 825 NOK
-2.6%
Operating result
+46.4k NOK +62.0k NOK
+33.7%
Net result
+44.3k NOK +61.3k NOK
+38.5%
Equity
721.5k NOK 782.9k NOK
+8.5%
Cash
226.9k NOK 192.6k NOK
-15.1%
Total assets
1.30m NOK 1.27m NOK
-1.7%

What improved

  • ↑

    Operating result improved

    Operating result +46.4k NOK → +62.0k NOK (op. margin 2475.2% → 3397.6%). Calculated

  • ↑

    Net result improved

    Net result +44.3k NOK → +61.3k NOK (net margin 2362.4% → 3359.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 721.5k NOK → 782.9k NOK (equity ratio 55.7% → 61.4%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 721.5k NOK → 782.9k NOK (+61.3k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1 874 NOK to 1 825 NOK (-2.6% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 226.9k NOK → 192.6k NOK (-15.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 671.2k NOK → 683.1k NOK. Reported fact