Org.nr 925 359 971 2022 → 2023 Year-over-year analysis

777 ESPORT AS: årsregnskap 2023 vs 2022

Grew 3252% on revenue, stronger earnings, fresh owner capital

approved 2024-06-30; registry 2024-08-22; journal 2024 735345

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 777 ESPORT AS. Revenue 28.5k NOK → 953.9k NOK (+3251.7%). Net result -4.67m NOK → -2.96m NOK. Equity 2.47m NOK → 7.22m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 777 ESPORT AS.

Scorecard

Revenue
28.5k NOK 953.9k NOK
+3251.7%
Operating result
-4.67m NOK -2.99m NOK
+36.1%
Net result
-4.67m NOK -2.96m NOK
+36.5%
Equity
2.47m NOK 7.22m NOK
+192.0%
Cash
4.41m NOK 3.67m NOK
-16.8%
Total assets
644.3k NOK 836.8k NOK
+29.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 28.5k NOK to 953.9k NOK (+3251.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -4.67m NOK → -2.99m NOK (op. margin -16420.8% → -313.1%). Calculated

  • ↑

    Net result improved

    Net result -4.67m NOK → -2.96m NOK (net margin -16413.7% → -310.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.47m NOK → 7.22m NOK (equity ratio 383.9% → 863.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 832.7k NOK → 9.55m NOK (+8.71m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4.41m NOK → 3.67m NOK (-16.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 417.2k NOK → 560.1k NOK (+34.2% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 9 → 4. Reported fact