ACCURIZE AS: årsregnskap 2022 vs 2021
Grew 16% on revenue, stronger earnings, cash halved-plus
approved 2023-06-30; registry 2023-07-13; journal 2023 610558
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACCURIZE AS. Revenue 2.68m NOK → 3.11m NOK (+16.2%). Net result -1.30m NOK → -1.03m NOK. Equity 10.90m NOK → 10 NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for ACCURIZE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.68m NOK to 3.11m NOK (+16.2% YoY). Calculated
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↑
Operating result improved
Operating result -1.22m NOK → -984.5k NOK (op. margin -45.4% → -31.7%). Calculated
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↑
Net result improved
Net result -1.30m NOK → -1.03m NOK (net margin -48.7% → -33.1%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 10.90m NOK → 10 NOK (equity ratio 316.4% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 846.6k NOK → 404.2k NOK (-52.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.44m NOK → 1.44m NOK (54% → 46% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 1.56m NOK → 905.2k NOK (-42.1% YoY). Calculated