FirmaIQ
Org.nr 987 777 095 2021 → 2022 Year-over-year analysis

ACRYLICON INDUSTRIGULV AS: årsregnskap 2022 vs 2021

Slipped into loss, cash halved-plus

approved 2023-06-29; registry 2023-07-29; journal 2023 619182

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ACRYLICON INDUSTRIGULV AS. Revenue 37.56m NOK → 36.28m NOK (-3.4%). Net result +821.1k NOK → -2.48m NOK. Equity 9.26m NOK → 785.8k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; sharp cash drawdown. All figures are taken from the published annual accounts for ACRYLICON INDUSTRIGULV AS.

At a glance

Scorecard

Revenue
37.56m NOK 36.28m NOK
-3.4%
Operating result
+1.20m NOK -3.06m NOK
-354.8%
Net result
+821.1k NOK -2.48m NOK
-401.6%
Equity
9.26m NOK 785.8k NOK
-91.5%
Cash
4.74m NOK 1.77m NOK
-62.6%
Total assets
17.37m NOK 15.58m NOK
-10.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 37.56m NOK to 36.28m NOK (-3.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.20m NOK → -3.06m NOK (op. margin 3.2% → -8.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 821.1k NOK profit to a loss of 2.48m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 9.26m NOK → 785.8k NOK (equity ratio 53.3% → 5.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.74m NOK → 1.77m NOK (-62.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.74m NOK → 1.77m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation