Org.nr 922 328 269 2021 → 2022 Year-over-year analysis

ACSB HOLDING AS: årsregnskap 2022 vs 2021

Stronger earnings

approved 2023-05-08; registry 2023-07-08; journal 2023 586257

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACSB HOLDING AS. Net result +22.1k NOK → +309.4k NOK. Equity 798.3k NOK → 107.7k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACSB HOLDING AS.

Scorecard

Operating result
-7 893 NOK -10.3k NOK
-30.5%
Net result
+22.1k NOK +309.4k NOK
+1299.5%
Equity
798.3k NOK 107.7k NOK
-86.5%
Cash
53.9k NOK 74.5k NOK
+38.4%
Total assets
803.9k NOK 2.82m NOK
+251.4%

What improved

  • ↑

    Net result improved

    Net result +22.1k NOK → +309.4k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 53.9k NOK → 74.5k NOK (+38.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -7 893 NOK → -10.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 798.3k NOK → 107.7k NOK (equity ratio 99.3% → 3.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 750.0k NOK → 2.75m NOK. Reported fact