A&A STAR PRODUCTIONS AS: årsregnskap 2023 vs 2022
Shrank 30% on revenue, stronger earnings
approved 2024-08-12; registry 2024-08-15; journal 2024 728854
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A&A STAR PRODUCTIONS AS. Revenue 31.5k NOK → 22.1k NOK (-29.8%). Net result -201.3k NOK → -132.0k NOK. Equity -159.7k NOK → -291.7k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; book investments changed. 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 -201.3k NOK → -132.0k NOK (op. margin -639.4% → -597.2%). Calculated
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↑
Net result improved
Net result -201.3k NOK → -132.0k NOK (net margin -639.4% → -597.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 31.5k NOK to 22.1k NOK (-29.8% YoY). Calculated
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↓
Equity eroded
Book equity -159.7k NOK → -291.7k NOK (equity ratio -30.9% → -67.9%). Calculated
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↓
Cash fell
Bank deposits 485.6k NOK → 364.0k NOK (-25.0% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -67.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 120.8k NOK → 46.2k NOK (-61.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 23.7k NOK → 47.0k NOK. Reported fact