FirmaIQ
Org.nr 922 552 304 2023 → 2024 Year-over-year analysis

777 TRIPLE SEVEN AS: årsregnskap 2024 vs 2023

Shrank 32% on revenue, stronger earnings, cash halved-plus

approved 2025-09-26; registry 2025-10-04; journal 2025 758740

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for 777 TRIPLE SEVEN AS. Revenue 4.38m NOK → 2.96m NOK (-32.3%). Net result -1.02bn NOK → -821.8k NOK. Equity 1.22m NOK → 108.5k NOK.

On the constructive side: operating result improved; net result improved; owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for 777 TRIPLE SEVEN AS.

At a glance

Scorecard

Revenue
4.38m NOK 2.96m NOK
-32.3%
Operating result
-2.22m NOK -856.5k NOK
+61.5%
Net result
-1.02bn NOK -821.8k NOK
+99.9%
Equity
1.22m NOK 108.5k NOK
-91.1%
Cash
1.02m NOK 172.4k NOK
-83.1%
Total assets
4.28m NOK 2.71m NOK
-36.7%

What improved

  • ↑

    Operating result improved

    Operating result -2.22m NOK → -856.5k NOK (op. margin -50.8% → -28.9%). Calculated

  • ↑

    Net result improved

    Net result -1.02bn NOK → -821.8k NOK (net margin -23197.6% → -27.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 421.9k NOK → 732.7k NOK (+310.7k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.38m NOK to 2.96m NOK (-32.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.22m NOK → 108.5k NOK (equity ratio 28.5% → 4.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.02m NOK → 172.4k NOK (-83.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.26× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.36m NOK → 2.45m NOK (54% → 83% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.02m NOK → 172.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 865.9k NOK → 251.1k NOK (-71.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 0.49. Reported fact