FirmaIQ
Org.nr 913 588 827 2020 → 2021 Year-over-year analysis

ACCURIZE AS: årsregnskap 2021 vs 2020

Shrank 43% on revenue, slipped into loss, cash halved-plus

approved 2022-05-03; registry 2022-06-04; journal 2022 422679

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACCURIZE AS. Revenue 4.70m NOK → 2.68m NOK (-43.1%). Net result +369.3k NOK → -1.30m NOK. Equity 2.20m NOK → 10.90m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ACCURIZE AS.

At a glance

Scorecard

Revenue
4.70m NOK 2.68m NOK
-43.1%
Operating result
+553.0k NOK -1.22m NOK
-319.9%
Net result
+369.3k NOK -1.30m NOK
-452.7%
Equity
2.20m NOK 10.90m NOK
+394.9%
Cash
2.39m NOK 846.6k NOK
-64.6%
Total assets
4.77m NOK 3.45m NOK
-27.7%

What improved

  • ↑

    Equity strengthened

    Book equity 2.20m NOK → 10.90m NOK (equity ratio 46.2% → 316.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.70m NOK to 2.68m NOK (-43.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +553.0k NOK → -1.22m NOK (op. margin 11.8% → -45.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 369.3k NOK profit to a loss of 1.30m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 2.39m NOK → 846.6k NOK (-64.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 999.5k NOK → 1.44m NOK (21% → 54% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.39m NOK → 846.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation