ACUFRIEND AS: årsregnskap 2022 vs 2021
Grew 483% on revenue, weaker earnings, cash halved-plus
approved 2023-06-26; registry 2023-07-26; journal 2023 651153
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACUFRIEND AS. Revenue 1 374 NOK → 8 004 NOK (+482.5%). Net result -14.1k NOK → -55.9k NOK. Equity -515.5k NOK → -571.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACUFRIEND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 374 NOK to 8 004 NOK (+482.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -14.5k NOK → -56.3k NOK (op. margin -1058.4% → -703.1%). Calculated
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↓
Net result weakened
Net result -14.1k NOK → -55.9k NOK (net margin -1029.4% → -698.3%). Calculated
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↓
Equity eroded
Book equity -515.5k NOK → -571.4k NOK (equity ratio -183.2% → -203.9%). Calculated
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↓
Cash fell
Bank deposits 1 887 NOK → 485 NOK (-74.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -203.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation