ABOVE MEDIA AS: årsregnskap 2019 vs 2018
Grew 55% on revenue
approved 2020-05-28; registry 2020-09-19; journal 2020 839166
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ABOVE MEDIA AS. Revenue 139.4k NOK → 215.9k NOK (+54.9%). Equity 22.3k NOK → 19.3k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABOVE MEDIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 139.4k NOK to 215.9k NOK (+54.9% YoY). Calculated
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↑
Cash rose
Bank deposits 30.7k NOK → 80.9k NOK (+163.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.66× → 1.07×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1 812 NOK → -2 992 NOK (op. margin 1.3% → -1.4%). Calculated
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↓
Equity eroded
Book equity 22.3k NOK → 19.3k NOK (equity ratio 25.0% → 17.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 0 NOK → 82.4k NOK (0% → 38% of revenue). Calculated