Org.nr 986 804 145 2021 → 2022 Year-over-year analysis

ACCURO CONSULTING AS: årsregnskap 2022 vs 2021

Shrank 78% on revenue, returned to profit, cash halved-plus

approved 2023-07-19; registry 2023-07-22; journal 2023 635356

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACCURO CONSULTING AS. Revenue 1.98m NOK → 433.1k NOK (-78.2%). Net result -621.1k NOK → +147.3k NOK. Equity -696.0k NOK → -548.7k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ACCURO CONSULTING AS.

Scorecard

Revenue
1.98m NOK 433.1k NOK
-78.2%
Operating result
-598.1k NOK +165.4k NOK
+127.7%
Net result
-621.1k NOK +147.3k NOK
+123.7%
Equity
-696.0k NOK -548.7k NOK
+21.2%
Cash
46.3k NOK -174.6k NOK
-476.8%
Total assets
1.06m NOK 331.9k NOK
-68.6%

What improved

  • ↑

    Operating result improved

    Operating result -598.1k NOK → +165.4k NOK (op. margin -30.2% → 38.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 621.1k NOK to a profit of 147.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -696.0k NOK → -548.7k NOK (equity ratio -65.8% → -165.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 337.0k NOK → 74.9k NOK (17% → 17% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.98m NOK to 433.1k NOK (-78.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 46.3k NOK → -174.6k NOK (-476.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.03× → 0.50× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -165.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 482.2k NOK → 1 039 NOK (-99.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 35.5k NOK → 15.0k NOK. Reported fact