AKERSHUS REKLAME TEAM AS: årsregnskap 2021 vs 2020
Grew 8% on revenue, slipped into loss, cash halved-plus
approved 2022-08-19; registry 2022-08-29; journal 2022 905784
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AKERSHUS REKLAME TEAM AS. Revenue 41.30m NOK → 44.65m NOK (+8.1%). Net result +78.7k NOK → -53.4k NOK. Equity -1.26m NOK → -1.32m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKERSHUS REKLAME TEAM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 41.30m NOK to 44.65m NOK (+8.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +643.0k NOK → +344.3k NOK (op. margin 1.6% → 0.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 78.7k NOK profit to a loss of 53.4k NOK. Calculated
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↓
Equity eroded
Book equity -1.26m NOK → -1.32m NOK (equity ratio -10.4% → -10.5%). Calculated
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↓
Cash fell
Bank deposits 1.38m NOK → 596.9k NOK (-56.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -10.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 15.45m NOK → 16.96m NOK (37% → 38% of revenue). Calculated
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COGS moved
COGS / varekostnad 17.10m NOK → 18.73m NOK (+9.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 205.9k NOK → 272.7k NOK. Reported fact