24 FRAMES PER SECOND AS: årsregnskap 2021 vs 2020
Shrank 41% on revenue, weaker earnings
approved 2022-04-20; registry 2022-04-28; journal 2022 232690
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 24 FRAMES PER SECOND AS. Revenue 1.29m NOK → 768.6k NOK (-40.5%). Net result +456.8k NOK → +191.8k NOK. Equity 13 NOK → 1.60m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 24 FRAMES PER SECOND AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 13 NOK → 1.60m NOK (equity ratio 0.0% → 87.0%). Calculated
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↑
Cash rose
Bank deposits 191.5k NOK → 912.1k NOK (+376.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.29m NOK to 768.6k NOK (-40.5% YoY). Calculated
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↓
Operating result weakened
Operating result +573.2k NOK → -289.1k NOK (op. margin 44.4% → -37.6%). Calculated
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↓
Net result weakened
Net result +456.8k NOK → +191.8k NOK (net margin 35.3% → 25.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 NOK → 2.62m NOK (0% → 341% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1 NOK → 372.4k NOK. Reported fact