ACORN DESIGN AS: årsregnskap 2022 vs 2021
Shrank 76% on revenue, slipped into loss, cash halved-plus
registry 2023-05-22; journal 2023 416354
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACORN DESIGN AS. Revenue 2.34m NOK → 568.0k NOK (-75.7%). Net result +3 496 NOK → -254.9k NOK. Equity 391.5k NOK → 136.6k NOK.
On the constructive side: payroll decreased. 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 ACORN DESIGN AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 1.68m NOK → 1.36m NOK (72% → 239% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.34m NOK to 568.0k NOK (-75.7% YoY). Calculated
-
↓
Operating result weakened
Operating result -2 969 NOK → -235.7k NOK (op. margin -0.1% → -41.5%). Calculated
-
↓
Fell into a net loss
Net result flipped from 3 496 NOK profit to a loss of 254.9k NOK. Calculated
-
↓
Equity eroded
Book equity 391.5k NOK → 136.6k NOK (equity ratio 65.5% → 67.3%). Calculated
-
↓
Cash fell
Bank deposits 220.9k NOK → 100.6k NOK (-54.5% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 63.0k NOK → 7 499 NOK. Reported fact