A&A STAR PRODUCTIONS AS: årsregnskap 2021 vs 2020
Shrank 75% on revenue, returned to profit
approved 2022-07-04; registry 2022-07-09; journal 2022 664326
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A&A STAR PRODUCTIONS AS. Revenue 503.3k NOK → 128.0k NOK (-74.6%). Net result -30.6k NOK → +45.8k NOK. Equity -11.9k NOK → 41.6k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A&A STAR PRODUCTIONS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -23.0k NOK → +45.2k NOK (op. margin -4.6% → 35.3%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 30.6k NOK to a profit of 45.8k NOK. Calculated
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↑
Equity strengthened
Book equity -11.9k NOK → 41.6k NOK (equity ratio -1.6% → 5.3%). Calculated
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↑
Cash rose
Bank deposits 665.1k NOK → 698.1k NOK (+5.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 503.3k NOK to 128.0k NOK (-74.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 198.0k NOK → 22.0k NOK (-88.9% YoY). Calculated