74 ENTERTAINMENT AS: årsregnskap 2024 vs 2023
Shrank 68% on revenue, weaker earnings
approved 2025-07-09; registry 2025-07-15; journal 2025 666839
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 74 ENTERTAINMENT AS. Revenue 19.79m NOK → 6.28m NOK (-68.3%). Net result +720.8k NOK → +91.5k NOK. Equity 938.3k NOK → 29.8k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for 74 ENTERTAINMENT AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 351.6k NOK → 516.8k NOK (+47.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 19.79m NOK to 6.28m NOK (-68.3% YoY). Calculated
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↓
Operating result weakened
Operating result +904.8k NOK → +65.9k NOK (op. margin 4.6% → 1.0%). Calculated
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↓
Net result weakened
Net result +720.8k NOK → +91.5k NOK (net margin 3.6% → 1.5%). Calculated
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↓
Equity eroded
Book equity 938.3k NOK → 29.8k NOK (equity ratio 4.8% → 0.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.04× → 0.14× — 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 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 16.08m NOK → 2.90m NOK (-82.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 165 NOK → 165.0k NOK. Reported fact