Org.nr 917 625 093 2021 → 2022 Year-over-year analysis

ACVT HOLDING AS: årsregnskap 2022 vs 2021

Another loss-making year

approved 2023-06-13; registry 2023-06-15; journal 2023 490761

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACVT HOLDING AS. Net result -4 252 NOK → -3 328 NOK. Equity 4 372 NOK → 1 043 NOK.

On the constructive side: operating result improved; cash rose; current ratio back above 1×. Pressures included: equity eroded.

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

Scorecard

Operating result
-4 252 NOK -3 328 NOK
+21.7%
Net result
-4 252 NOK -3 328 NOK
+21.7%
Equity
4 372 NOK 1 043 NOK
-76.1%
Cash
4 371 NOK 11.0k NOK
+152.6%
Total assets
244.4k NOK 301.0k NOK
+23.2%

What improved

  • ↑

    Operating result improved

    Operating result -4 252 NOK → -3 328 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 4 371 NOK → 11.0k NOK (+152.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.18× → 170.14×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4 372 NOK → 1 043 NOK (equity ratio 1.8% → 0.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 200.0k NOK → 250 NOK. Reported fact