Org.nr 922 129 347 2021 → 2022 Year-over-year analysis

ACFOTO AS: årsregnskap 2022 vs 2021

Shrank 59% on revenue, slipped into loss, cash halved-plus

approved 2023-07-21; registry 2023-07-24; journal 2023 639683

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACFOTO AS. Revenue 77.5k NOK → 31.7k NOK (-59.2%). Net result +761 NOK → -48.3k NOK. Equity 14.0k NOK → -34.3k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACFOTO AS.

Scorecard

Revenue
77.5k NOK 31.7k NOK
-59.2%
Operating result
+567 NOK -48.3k NOK
-8618.5%
Net result
+761 NOK -48.3k NOK
-6446.9%
Equity
14.0k NOK -34.3k NOK
-344.5%
Cash
37.9k NOK 4 690 NOK
-87.6%
Total assets
41.4k NOK 9 514 NOK
-77.0%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 77.5k NOK to 31.7k NOK (-59.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +567 NOK → -48.3k NOK (op. margin 0.7% → -152.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 761 NOK profit to a loss of 48.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 14.0k NOK → -34.3k NOK (equity ratio 33.8% → -360.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 37.9k NOK → 4 690 NOK (-87.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -360.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation