Org.nr 920 510 515 2021 → 2022 Year-over-year analysis

ACS PROSJEKT AS: årsregnskap 2022 vs 2021

Grew 98% on revenue, weaker earnings, cash halved-plus

approved 2023-06-28; registry 2023-07-03; journal 2023 549614

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACS PROSJEKT AS. Revenue 380.0k NOK → 751.4k NOK (+97.7%). Net result +216.6k NOK → +90.5k NOK. Equity -23.9k NOK → 66.6k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACS PROSJEKT AS.

Scorecard

Revenue
380.0k NOK 751.4k NOK
+97.7%
Operating result
+227.6k NOK +116.9k NOK
-48.6%
Net result
+216.6k NOK +90.5k NOK
-58.2%
Equity
-23.9k NOK 66.6k NOK
+379.0%
Cash
158.6k NOK 4 310 NOK
-97.3%
Total assets
1.22m NOK 119.4k NOK
-90.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 380.0k NOK to 751.4k NOK (+97.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -23.9k NOK → 66.6k NOK (equity ratio -1.9% → 55.8%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +227.6k NOK → +116.9k NOK (op. margin 59.9% → 15.6%). Calculated

  • ↓

    Net result weakened

    Net result +216.6k NOK → +90.5k NOK (net margin 57.0% → 12.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 158.6k NOK → 4 310 NOK (-97.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 147.7k NOK → 1 585 NOK (-98.9% YoY). Calculated