FirmaIQ
Org.nr 922 859 620 2022 → 2023 Year-over-year analysis

3RDFLOOR VIDEO AS: årsregnskap 2023 vs 2022

Grew 23% on revenue, stronger earnings

approved 2024-03-04; registry 2024-03-06; journal 2024 320284

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 3RDFLOOR VIDEO AS. Revenue 1.60m NOK → 1.97m NOK (+22.8%). Net result +112.6k NOK → +516.7k NOK. Equity 596.3k NOK → 713.0k NOK.

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

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

At a glance

Scorecard

Revenue
1.60m NOK 1.97m NOK
+22.8%
Operating result
+158.6k NOK +668.7k NOK
+321.6%
Net result
+112.6k NOK +516.7k NOK
+358.9%
Equity
596.3k NOK 713.0k NOK
+19.6%
Cash
638.4k NOK 843.7k NOK
+32.2%
Total assets
792.9k NOK 55.0k NOK
-93.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.60m NOK to 1.97m NOK (+22.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +158.6k NOK → +668.7k NOK (op. margin 9.9% → 34.0%). Calculated

  • ↑

    Net result improved

    Net result +112.6k NOK → +516.7k NOK (net margin 7.0% → 26.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 596.3k NOK → 713.0k NOK (equity ratio 75.2% → 1297.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 638.4k NOK → 843.7k NOK (+32.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 829.9k NOK → 930.8k NOK (52% → 47% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 453.1k NOK → 199.5k NOK (-56.0% YoY). Calculated