ABOVE MEDIA AS: årsregnskap 2023 vs 2022
Grew 478% on revenue, stronger earnings
approved 2024-03-21; registry 2024-03-30; journal 2024 340847
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABOVE MEDIA AS. Revenue 519.3k NOK → 3.00m NOK (+478.5%). Net result +88.7k NOK → +4.19m NOK. Equity 205.2k NOK → 399.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs moved. 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 519.3k NOK to 3.00m NOK (+478.5% YoY). Calculated
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Operating result improved
Operating result +116.3k NOK → +251.3k NOK (op. margin 22.4% → 8.4%). Calculated
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Net result improved
Net result +88.7k NOK → +4.19m NOK (net margin 17.1% → 139.6%). Calculated
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Equity strengthened
Book equity 205.2k NOK → 399.9k NOK (equity ratio 27.2% → 44.3%). Calculated
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Current ratio back above 1×
Current ratio 0.97× → 1.09×. Calculated
What deteriorated
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Cash fell
Bank deposits 378.2k NOK → 253.0k NOK (-33.1% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 97.5k NOK → 202.7k NOK (+107.9% YoY). Calculated