Org.nr 915 169 376 2020 → 2021 Year-over-year analysis

ACCURATE BUSINESS AS: årsregnskap 2021 vs 2020

Shrank 58% on revenue, slipped into loss, cash halved-plus

approved 2022-06-15; registry 2022-07-27; journal 2022 793652

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACCURATE BUSINESS AS. Revenue 558.8k NOK → 235.7k NOK (-57.8%). Net result +43.1k NOK → -130.3k NOK. Equity 191.5k NOK → 61.2k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
558.8k NOK 235.7k NOK
-57.8%
Operating result
+54.9k NOK -66.4k NOK
-221.0%
Net result
+43.1k NOK -130.3k NOK
-402.1%
Equity
191.5k NOK 61.2k NOK
-68.0%
Cash
99.3k NOK 7 732 NOK
-92.2%
Total assets
262.8k NOK 112.6k NOK
-57.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 558.8k NOK to 235.7k NOK (-57.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +54.9k NOK → -66.4k NOK (op. margin 9.8% → -28.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 43.1k NOK profit to a loss of 130.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 191.5k NOK → 61.2k NOK (equity ratio 72.9% → 54.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 99.3k NOK → 7 732 NOK (-92.2% YoY). Calculated