Org.nr 985 303 770 2022 → 2023 Year-over-year analysis

24 FRAMES PER SECOND AS: årsregnskap 2023 vs 2022

Grew 2552% on revenue, weaker earnings

approved 2024-06-30; registry 2024-08-02; journal 2024 700726

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 24 FRAMES PER SECOND AS. Revenue 45.0k NOK → 1.19m NOK (+2552.2%). Net result +611.1k NOK → +289.1k NOK. Equity 2.21m NOK → 1.99m NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
45.0k NOK 1.19m NOK
+2552.2%
Operating result
+613.7k NOK +403.5k NOK
-34.2%
Net result
+611.1k NOK +289.1k NOK
-52.7%
Equity
2.21m NOK 1.99m NOK
-10.0%
Cash
94.9k NOK 610.9k NOK
+543.4%
Total assets
2.62m NOK 2.21m NOK
-15.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 45.0k NOK to 1.19m NOK (+2552.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 94.9k NOK → 610.9k NOK (+543.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.68m NOK → 2.49m NOK (5947% → 208% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +613.7k NOK → +403.5k NOK (op. margin 1362.4% → 33.8%). Calculated

  • ↓

    Net result weakened

    Net result +611.1k NOK → +289.1k NOK (net margin 1356.7% → 24.2%). Calculated

  • ↓

    Equity eroded

    Book equity 2.21m NOK → 1.99m NOK (equity ratio 84.2% → 90.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2803.63× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated