ACCURATE BUSINESS AS: årsregnskap 2022 vs 2021
Grew 29% on revenue, stronger earnings
approved 2023-06-30; registry 2023-08-02; journal 2023 684467
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACCURATE BUSINESS AS. Revenue 235.7k NOK → 304.6k NOK (+29.3%). Net result -130.3k NOK → -94.2k NOK. Equity 61.2k NOK → -32.9k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCURATE BUSINESS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 235.7k NOK to 304.6k NOK (+29.3% YoY). Calculated
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Net result improved
Net result -130.3k NOK → -94.2k NOK (net margin -55.3% → -30.9%). Calculated
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Cash rose
Bank deposits 7 732 NOK → 30.4k NOK (+292.6% YoY). Calculated
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Payroll decreased
Salary cost 72.0k NOK → 43.1k NOK (31% → 14% of revenue). Calculated
What deteriorated
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Operating result weakened
Operating result -66.4k NOK → -93.7k NOK (op. margin -28.2% → -30.8%). Calculated
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Equity eroded
Book equity 61.2k NOK → -32.9k NOK (equity ratio 54.3% → -45.3%). Calculated
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Current ratio dropped below 1×
Current ratio 2.19× → 0.69× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -45.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation