Org.nr 917 065 578 2020 → 2021 Year-over-year analysis

A.M.WORLD MUSIC & THAI FRUITS AS: årsregnskap 2021 vs 2020

Grew 128% on revenue, stronger earnings

approved 2022-06-21; registry 2022-06-23; journal 2022 502991

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A.M.WORLD MUSIC & THAI FRUITS AS. Revenue 2.61m NOK → 5.97m NOK (+128.3%). Net result -206.8k NOK → -95.3k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A.M.WORLD MUSIC & THAI FRUITS AS.

Scorecard

Revenue
2.61m NOK 5.97m NOK
+128.3%
Operating result
-200.1k NOK -92.7k NOK
+53.7%
Net result
-206.8k NOK -95.3k NOK
+53.9%
Equity
n/m -1.26m NOK
—
Cash
49.7k NOK 102.6k NOK
+106.3%
Total assets
339.3k NOK 426.7k NOK
+25.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.61m NOK to 5.97m NOK (+128.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -200.1k NOK → -92.7k NOK (op. margin -7.7% → -1.6%). Calculated

  • ↑

    Net result improved

    Net result -206.8k NOK → -95.3k NOK (net margin -7.9% → -1.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 49.7k NOK → 102.6k NOK (+106.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 48.4k NOK → 71.3k NOK (2% → 1% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 350.2k NOK → 5.33m NOK (+1422.8% YoY). Calculated