74 PICTURES AS: årsregnskap 2023 vs 2022
Shrank 95% on revenue, slipped into loss
registry 2024-09-11; journal 2024 745452
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 74 PICTURES AS. Revenue 10.36m NOK → 546.8k NOK (-94.7%). Net result +60.6k NOK → -3 588 NOK. Equity 74.8k NOK → 71.2k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 74 PICTURES AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 22.5k NOK → 44.1k NOK (+95.7% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 10.36m NOK to 546.8k NOK (-94.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +73.3k NOK → +4 713 NOK (op. margin 0.7% → 0.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 60.6k NOK profit to a loss of 3 588 NOK. Calculated
-
↓
Equity eroded
Book equity 74.8k NOK → 71.2k NOK (equity ratio 1.4% → 14.9%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 10.21m NOK → 417.6k NOK (-95.9% YoY). Calculated