20/20 PICTURES AS: årsregnskap 2025 vs 2024
Grew 4883% on revenue, returned to profit, cash halved-plus
approved 2026-06-26; registry 2026-07-01; journal 2026 622386
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for 20/20 PICTURES AS. Revenue 64.7k NOK → 3.23m NOK (+4883.3%). Net result -80.0k NOK → +1.05m NOK. Equity -1.46m NOK → -407.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 20/20 PICTURES AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 64.7k NOK to 3.23m NOK (+4883.3% YoY). Calculated
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Operating result improved
Operating result -79.5k NOK → +1.05m NOK (op. margin -122.9% → 32.5%). Calculated
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Turned profitable
Net result flipped from a loss of 80.0k NOK to a profit of 1.05m NOK. Calculated
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Equity strengthened
Book equity -1.46m NOK → -407.0k NOK (equity ratio -1044.9% → -1872.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 68.6k NOK → 3 019 NOK (-95.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1872.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 84.2k NOK → 2.12m NOK (+2415.8% YoY). Calculated