Org.nr 922 859 620 2023 → 2024 Year-over-year analysis

3RDFLOOR VIDEO AS: årsregnskap 2024 vs 2023

Shrank 43% on revenue, weaker earnings, cash halved-plus

registry 2025-06-02; journal 2025 492554

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 3RDFLOOR VIDEO AS. Revenue 1.97m NOK → 1.12m NOK (-43.1%). Net result +516.7k NOK → +210.6k NOK. Equity 713.0k NOK → 923.7k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
1.97m NOK 1.12m NOK
-43.1%
Operating result
+668.7k NOK +164.7k NOK
-75.4%
Net result
+516.7k NOK +210.6k NOK
-59.2%
Equity
713.0k NOK 923.7k NOK
+29.5%
Cash
843.7k NOK 326.1k NOK
-61.3%
Total assets
55.0k NOK 1.12m NOK
+1942.8%

What improved

  • ↑

    Equity strengthened

    Book equity 713.0k NOK → 923.7k NOK (equity ratio 1297.2% → 82.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 930.8k NOK → 720.2k NOK (47% → 64% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.97m NOK to 1.12m NOK (-43.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +668.7k NOK → +164.7k NOK (op. margin 34.0% → 14.7%). Calculated

  • ↓

    Net result weakened

    Net result +516.7k NOK → +210.6k NOK (net margin 26.3% → 18.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 843.7k NOK → 326.1k NOK (-61.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 199.5k NOK → 88.7k NOK (-55.5% YoY). Calculated