Org.nr 957 997 392 2021 → 2022 Year-over-year analysis

ACHILLES FINANS AS: årsregnskap 2022 vs 2021

Shrank 40% on revenue, slipped into loss

approved 2023-04-03; registry 2023-04-08; journal 2023 347860

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACHILLES FINANS AS. Revenue 196.5k NOK → 117.0k NOK (-40.5%). Net result +394.7k NOK → -90.0k NOK. Equity 4.80m NOK → 4.71m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACHILLES FINANS AS.

Scorecard

Revenue
196.5k NOK 117.0k NOK
-40.5%
Operating result
+80.5k NOK +7 245 NOK
-91.0%
Net result
+394.7k NOK -90.0k NOK
-122.8%
Equity
4.80m NOK 4.71m NOK
-1.9%
Cash
12.5k NOK 3.80m NOK
+30233.2%
Total assets
8.76m NOK 13.75m NOK
+57.0%

What improved

  • ↑

    Cash rose

    Bank deposits 12.5k NOK → 3.80m NOK (+30233.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 196.5k NOK to 117.0k NOK (-40.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +80.5k NOK → +7 245 NOK (op. margin 41.0% → 6.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 394.7k NOK profit to a loss of 90.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.80m NOK → 4.71m NOK (equity ratio 54.8% → 34.2%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.48m NOK → 1.34m NOK. Reported fact