A&A STAR PRODUCTIONS AS: årsregnskap 2022 vs 2021
Shrank 75% on revenue, slipped into loss
approved 2023-09-15; registry 2023-09-21; journal 2023 730229
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A&A STAR PRODUCTIONS AS. Revenue 128.0k NOK → 31.5k NOK (-75.4%). Net result +45.8k NOK → -201.3k NOK. Equity 41.6k NOK → -159.7k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A&A STAR PRODUCTIONS AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 128.0k NOK to 31.5k NOK (-75.4% YoY). Calculated
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Operating result weakened
Operating result +45.2k NOK → -201.3k NOK (op. margin 35.3% → -639.4%). Calculated
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Fell into a net loss
Net result flipped from 45.8k NOK profit to a loss of 201.3k NOK. Calculated
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Equity eroded
Book equity 41.6k NOK → -159.7k NOK (equity ratio 5.3% → -30.9%). Calculated
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Cash fell
Bank deposits 698.1k NOK → 485.6k NOK (-30.4% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -30.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation