Org.nr 916 577 818 2022 → 2023 Year-over-year analysis

4343 PICTURES AS: årsregnskap 2023 vs 2022

Grew 17452% on revenue, weaker earnings, cash halved-plus

approved 2024-07-10; registry 2024-07-11; journal 2024 631564

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 4343 PICTURES AS. Revenue 1 193 NOK → 209.4k NOK (+17451.6%). Net result -6 450 NOK → -49.9k NOK. Equity 158.4k NOK → 108.5k NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 4343 PICTURES AS.

Scorecard

Revenue
1 193 NOK 209.4k NOK
+17451.6%
Operating result
-6 450 NOK -49.4k NOK
-666.1%
Net result
-6 450 NOK -49.9k NOK
-673.8%
Equity
158.4k NOK 108.5k NOK
-31.5%
Cash
331.6k NOK 12.2k NOK
-96.3%
Total assets
519.4k NOK 126.1k NOK
-75.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 193 NOK to 209.4k NOK (+17451.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.36m NOK → 2.17m NOK (281835% → 1038% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -6 450 NOK → -49.4k NOK (op. margin -540.7% → -23.6%). Calculated

  • ↓

    Net result weakened

    Net result -6 450 NOK → -49.9k NOK (net margin -540.7% → -23.8%). Calculated

  • ↓

    Equity eroded

    Book equity 158.4k NOK → 108.5k NOK (equity ratio 30.5% → 86.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 331.6k NOK → 12.2k NOK (-96.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 513.3k NOK → 316.7k NOK (-38.3% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact