ACAST STORIES AS: årsregnskap 2021 vs 2020
Grew 197% on revenue, weaker earnings
approved 2022-07-28; registry 2022-09-05; journal 2022 914770
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACAST STORIES AS. Revenue 9.15m NOK → 27.22m NOK (+197.4%). Net result +5.23m NOK → +729.6k NOK. Equity 5.34m NOK → 1.08m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACAST STORIES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.15m NOK to 27.22m NOK (+197.4% YoY). Calculated
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↑
Operating result improved
Operating result +306.1k NOK → +943.8k NOK (op. margin 3.3% → 3.5%). Calculated
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Cash rose
Bank deposits 2.85m NOK → 6.84m NOK (+139.8% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +5.23m NOK → +729.6k NOK (net margin 57.1% → 2.7%). Calculated
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↓
Equity eroded
Book equity 5.34m NOK → 1.08m NOK (equity ratio 712.3% → 10.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 NOK → 5.22m NOK (0% → 19% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 141.0k NOK → 134.0k NOK (-5.0% YoY). Calculated