ADVERTISING WITH ELEPHANTS AS: årsregnskap 2021 vs 2020
Shrank 42% on revenue, weaker earnings
approved 2022-06-27; registry 2022-07-09; journal 2022 658234
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVERTISING WITH ELEPHANTS AS. Revenue 2.14m NOK → 1.24m NOK (-42.3%). Net result +705.0k NOK → +191.5k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
2.14m NOK
1.24m NOK
-42.3%
Operating result
+901.9k NOK
+243.8k NOK
-73.0%
Net result
+705.0k NOK
+191.5k NOK
-72.8%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.14m NOK to 1.24m NOK (-42.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +901.9k NOK → +243.8k NOK (op. margin 42.1% → 19.7%). Calculated
-
↓
Net result weakened
Net result +705.0k NOK → +191.5k NOK (net margin 32.9% → 15.5%). Calculated