ABSURD FILM AS: årsregnskap 2022 vs 2021
Shrank 27% on revenue, returned to profit
approved 2023-05-23; registry 2023-07-10; journal 2023 591343
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ABSURD FILM AS. Revenue 720.4k NOK → 523.0k NOK (-27.4%). Net result -71.6k NOK → +166.8k NOK. Equity -58.2k NOK → 108.5k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABSURD FILM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -86.7k NOK → +240.8k NOK (op. margin -12.0% → 46.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 71.6k NOK to a profit of 166.8k NOK. Calculated
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↑
Equity strengthened
Book equity -58.2k NOK → 108.5k NOK (equity ratio -27.0% → 34.6%). Calculated
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↑
Cash rose
Bank deposits 10 NOK → 1 020 NOK (+10100.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.51× → 1.45×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 720.4k NOK to 523.0k NOK (-27.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 93.5k NOK → 29.0k NOK (-69.0% YoY). Calculated