FirmaIQ
Org.nr 922 552 304 2022 → 2023 Year-over-year analysis

777 TRIPLE SEVEN AS: årsregnskap 2023 vs 2022

Shrank 44% on revenue, slipped into loss, cash halved-plus

approved 2024-10-18; registry 2024-11-07; journal 2024 755391

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 777 TRIPLE SEVEN AS. Revenue 7.82m NOK → 4.38m NOK (-44.0%). Net result +787.0k NOK → -1.02bn NOK. Equity 2.23m NOK → 1.22m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 777 TRIPLE SEVEN AS.

At a glance

Scorecard

Revenue
7.82m NOK 4.38m NOK
-44.0%
Operating result
+22.9k NOK -2.22m NOK
-9802.5%
Net result
+787.0k NOK -1.02bn NOK
-129080.8%
Equity
2.23m NOK 1.22m NOK
-45.4%
Cash
6.04m NOK 1.02m NOK
-83.1%
Total assets
8.56m NOK 4.28m NOK
-50.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.82m NOK to 4.38m NOK (-44.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +22.9k NOK → -2.22m NOK (op. margin 0.3% → -50.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 787.0k NOK profit to a loss of 1.02bn NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.23m NOK → 1.22m NOK (equity ratio 26.1% → 28.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.04m NOK → 1.02m NOK (-83.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (6.04m NOK → 1.02m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation