A.M.WORLD MUSIC & THAI FRUITS AS: årsregnskap 2022 vs 2021
Shrank 12% on revenue, weaker earnings
approved 2023-06-30; registry 2023-07-31; journal 2023 671811
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A.M.WORLD MUSIC & THAI FRUITS AS. Revenue 5.97m NOK → 5.23m NOK (-12.4%). Net result -95.3k NOK → -142.5k NOK. Equity -1.26m NOK → -1.41m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for A.M.WORLD MUSIC & THAI FRUITS AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.97m NOK to 5.23m NOK (-12.4% YoY). Calculated
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↓
Operating result weakened
Operating result -92.7k NOK → -127.5k NOK (op. margin -1.6% → -2.4%). Calculated
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↓
Net result weakened
Net result -95.3k NOK → -142.5k NOK (net margin -1.6% → -2.7%). Calculated
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↓
Equity eroded
Book equity -1.26m NOK → -1.41m NOK (equity ratio -296.3% → -308.3%). Calculated
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↓
Cash fell
Bank deposits 102.6k NOK → 62.5k NOK (-39.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -308.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 5.33m NOK → 4.09m NOK (-23.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 21.0k NOK → 31.0k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact