2C MEDIA AS: årsregnskap 2021 vs 2020
Grew 7% on revenue, stronger earnings
approved 2022-06-20; registry 2022-06-27; journal 2022 528150
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 2C MEDIA AS. Revenue 1.42m NOK → 1.51m NOK (+6.8%). Net result -234.5k NOK → -24.3k NOK. Equity 70.2k NOK → 45.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 2C MEDIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.42m NOK to 1.51m NOK (+6.8% YoY). Calculated
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Operating result improved
Operating result -233.0k NOK → -24.3k NOK (op. margin -16.4% → -1.6%). Calculated
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Net result improved
Net result -234.5k NOK → -24.3k NOK (net margin -16.6% → -1.6%). Calculated
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Cash rose
Bank deposits 30.4k NOK → 176.6k NOK (+481.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 275.3k NOK → 32.4k NOK (19% → 2% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 70.2k NOK → 45.9k NOK (equity ratio 31.0% → 20.4%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.06m NOK → 1.27m NOK (+20.1% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact