ACCURACY INFORMATION SYSTEMS AS: årsregnskap 2022 vs 2021
Grew 7056% on revenue, slipped into loss, cash halved-plus
registry 2023-08-02; journal 2023 693679
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACCURACY INFORMATION SYSTEMS AS. Revenue 1 825 NOK → 130.6k NOK (+7056.2%). Net result +61.3k NOK → -224.4k NOK. Equity 782.9k NOK → 545.0k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ACCURACY INFORMATION SYSTEMS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1 825 NOK to 130.6k NOK (+7056.2% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +62.0k NOK → -222.9k NOK (op. margin 3397.6% → -170.7%). Calculated
-
↓
Fell into a net loss
Net result flipped from 61.3k NOK profit to a loss of 224.4k NOK. Calculated
-
↓
Equity eroded
Book equity 782.9k NOK → 545.0k NOK (equity ratio 61.4% → 76.4%). Calculated
-
↓
Cash fell
Bank deposits 192.6k NOK → 30.5k NOK (-84.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.21× → 0.18× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 782.9k NOK → 545.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Payroll increased
Salary cost 1 588 NOK → 246.4k NOK (87% → 189% of revenue). Calculated