73 EYES FILM PRODUCTION AS: årsregnskap 2023 vs 2022
Grew 35% on revenue, weaker earnings
approved 2024-05-13; registry 2024-07-01; journal 2024 576994
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 73 EYES FILM PRODUCTION AS. Revenue 1.45m NOK → 1.95m NOK (+34.8%). Net result -6 349 NOK → -439.9k NOK. Equity 9 813 NOK → -430.1k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 73 EYES FILM PRODUCTION AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.45m NOK to 1.95m NOK (+34.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -6 349 NOK → -439.9k NOK (op. margin -0.4% → -22.6%). Calculated
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↓
Net result weakened
Net result -6 349 NOK → -439.9k NOK (net margin -0.4% → -22.6%). Calculated
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↓
Equity eroded
Book equity 9 813 NOK → -430.1k NOK (equity ratio 1.5% → -79.7%). Calculated
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↓
Cash fell
Bank deposits 465.7k NOK → 421.3k NOK (-9.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.02× → 0.52× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -79.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 504.9k NOK → 582.5k NOK (+15.4% YoY). Calculated