A5 FILM AS: årsregnskap 2021 vs 2020
Shrank 70% on revenue, weaker earnings
registry 2022-09-22; journal 2022 930630
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A5 FILM AS. Revenue 575.4k NOK → 170.7k NOK (-70.3%). Net result +118.7k NOK → +27.7k NOK. Equity 13.14m NOK → 173.4k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for A5 FILM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 577.2k NOK → 707.5k NOK (+22.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 575.4k NOK to 170.7k NOK (-70.3% YoY). Calculated
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↓
Operating result weakened
Operating result +152.7k NOK → +27.7k NOK (op. margin 26.5% → 16.2%). Calculated
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↓
Net result weakened
Net result +118.7k NOK → +27.7k NOK (net margin 20.6% → 16.2%). Calculated
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↓
Equity eroded
Book equity 13.14m NOK → 173.4k NOK (equity ratio 1728.8% → 2.2%). Calculated
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↓
COGS moved
COGS / varekostnad 1 316 NOK → 2.04m NOK (+154632.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Headcount (årsverk) changed
Reported FTEs 1.5 → 5. Reported fact