FirmaIQ
Org.nr 992 614 145 2021 → 2022 Year-over-year analysis

POLARIS MEDIA ASA: årsregnskap 2022 vs 2021

Grew 11% on revenue, weaker earnings, fresh owner capital

approved 2023-05-04; registry 2023-07-19; journal 2023 589931

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for POLARIS MEDIA ASA. Revenue 18.16m NOK → 20.22m NOK (+11.3%). Net result +128.14m NOK → +42.21m NOK. Equity 332.63m NOK → 297.76m NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for POLARIS MEDIA ASA.

At a glance

Scorecard

Revenue
18.16m NOK 20.22m NOK
+11.3%
Operating result
-65.22m NOK -95.69m NOK
-46.7%
Net result
+128.14m NOK +42.21m NOK
-67.1%
Equity
332.63m NOK 297.76m NOK
-10.5%
Total assets
1.72bn NOK 1.78bn NOK
+3.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.16m NOK to 20.22m NOK (+11.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 306.6k NOK → 297.76m NOK (+297.45m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -65.22m NOK → -95.69m NOK (op. margin -359.1% → -473.3%). Calculated

  • ↓

    Net result weakened

    Net result +128.14m NOK → +42.21m NOK (net margin 705.6% → 208.8%). Calculated

  • ↓

    Equity eroded

    Book equity 332.63m NOK → 297.76m NOK (equity ratio 19.4% → 16.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 9.53m NOK → 9.55m NOK (+0.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.47bn NOK → 1.57bn NOK. Reported fact