Org.nr 924 927 100 2021 → 2022 Year-over-year analysis

ACORP CONSTRUCTION AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-12-22; registry 2023-12-28; journal 2023 740176

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACORP CONSTRUCTION AS. Revenue 0 NOK → 40.0k NOK. Net result -3.74m NOK → -18.11m NOK. Equity 10.52m NOK → 10 NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ACORP CONSTRUCTION AS.

Scorecard

Revenue
0 NOK 40.0k NOK
—
Operating result
-3.72m NOK -19.30m NOK
-419.2%
Net result
-3.74m NOK -18.11m NOK
-384.9%
Equity
10.52m NOK 10 NOK
-100.0%
Cash
831.2k NOK 444.6k NOK
-46.5%
Total assets
41.21m NOK 35.19m NOK
-14.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 40.0k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3.72m NOK → -19.30m NOK. Calculated

  • ↓

    Net result weakened

    Net result -3.74m NOK → -18.11m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 10.52m NOK → 10 NOK (equity ratio 25.5% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 831.2k NOK → 444.6k NOK (-46.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 524.9k NOK → -366.5k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 2.25m NOK → 3.81m NOK. Calculated

  • ·

    COGS moved

    COGS / varekostnad 173.5k NOK → 13.21m NOK (+7515.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.65m NOK → 1.30m NOK. Reported fact