ABOVE MEDIA AS: årsregnskap 2021 vs 2020
Grew 303% on revenue, stronger earnings
approved 2022-05-02; registry 2022-07-25; journal 2022 783758
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABOVE MEDIA AS. Revenue 242.6k NOK → 976.6k NOK (+302.6%). Net result +3 475 NOK → +93.7k NOK. Equity 22.8k NOK → 6.12m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
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 242.6k NOK to 976.6k NOK (+302.6% YoY). Calculated
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Operating result improved
Operating result +3 470 NOK → +116.5k NOK (op. margin 1.4% → 11.9%). Calculated
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Net result improved
Net result +3 475 NOK → +93.7k NOK (net margin 1.4% → 9.6%). Calculated
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Equity strengthened
Book equity 22.8k NOK → 6.12m NOK (equity ratio 10.1% → 1328.8%). Calculated
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Cash rose
Bank deposits 76.0k NOK → 245.6k NOK (+223.1% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 29.2k NOK → 4.33m NOK (12% → 443% of revenue). Calculated