Org.nr 818 621 272 2020 → 2021 Year-over-year analysis

73 EYES FILM PRODUCTION AS: årsregnskap 2021 vs 2020

Grew 18% on revenue

approved 2022-06-30; registry 2022-07-09; journal 2022 666750

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 73 EYES FILM PRODUCTION AS. Revenue 55.0k NOK → 65.0k NOK (+18.1%). Net result -3 527 NOK → -1 076 NOK. Equity 17.2k NOK → 16.2k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 73 EYES FILM PRODUCTION AS.

Scorecard

Revenue
55.0k NOK 65.0k NOK
+18.1%
Operating result
-4 524 NOK -1 076 NOK
+76.2%
Net result
-3 527 NOK -1 076 NOK
+69.5%
Equity
17.2k NOK 16.2k NOK
-6.2%
Cash
5 837 NOK 210.5k NOK
+3506.8%
Total assets
7 757 NOK 1.17m NOK
+15023.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 55.0k NOK to 65.0k NOK (+18.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -4 524 NOK → -1 076 NOK (op. margin -8.2% → -1.7%). Calculated

  • ↑

    Net result improved

    Net result -3 527 NOK → -1 076 NOK (net margin -6.4% → -1.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 5 837 NOK → 210.5k NOK (+3506.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -0.82× → 1.01×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 17.2k NOK → 16.2k NOK (equity ratio 222.2% → 1.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation