ACS FINANS AS: årsregnskap 2022 vs 2021
Grew 24% on revenue, weaker earnings
approved 2023-05-02; registry 2023-05-16; journal 2023 386090
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACS FINANS AS. Revenue 7.18m NOK → 8.90m NOK (+23.9%). Net result +21.0k NOK → +3 305 NOK. Equity 146.5k NOK → 149.8k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ACS FINANS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.18m NOK to 8.90m NOK (+23.9% YoY). Calculated
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↑
Equity strengthened
Book equity 146.5k NOK → 149.8k NOK (equity ratio 8.4% → 7.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +77.6k NOK → +76.0k NOK (op. margin 1.1% → 0.9%). Calculated
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↓
Net result weakened
Net result +21.0k NOK → +3 305 NOK (net margin 0.3% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 307.2k NOK → 300.2k NOK (-2.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.07× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 400.0k NOK → 708.8k NOK (+77.2% YoY). Calculated