Org.nr 922 859 620 2020 → 2021 Year-over-year analysis

3RDFLOOR VIDEO AS: årsregnskap 2021 vs 2020

Grew 9% on revenue, returned to profit

approved 2022-01-21; registry 2022-02-12; journal 2022 115192

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 3RDFLOOR VIDEO AS. Revenue 411.3k NOK → 447.6k NOK (+8.8%). Net result -159.6k NOK → +481.8k NOK. Equity 1 894 NOK → 483.7k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 3RDFLOOR VIDEO AS.

Scorecard

Revenue
411.3k NOK 447.6k NOK
+8.8%
Operating result
-190.6k NOK +613.7k NOK
+422.0%
Net result
-159.6k NOK +481.8k NOK
+402.0%
Equity
1 894 NOK 483.7k NOK
+25440.3%
Cash
177.2k NOK 384.1k NOK
+116.8%
Total assets
233.9k NOK 757.1k NOK
+223.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 411.3k NOK to 447.6k NOK (+8.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -190.6k NOK → +613.7k NOK (op. margin -46.3% → 137.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 159.6k NOK to a profit of 481.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1 894 NOK → 483.7k NOK (equity ratio 0.8% → 63.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 177.2k NOK → 384.1k NOK (+116.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 6 444 NOK → 166.3k NOK (+2480.0% YoY). Calculated