Org.nr 998 710 413 2022 → 2023 Year-over-year analysis

ABSURD FILM AS: årsregnskap 2023 vs 2022

Slipped into loss

approved 2024-05-06; registry 2024-05-18; journal 2024 418342

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABSURD FILM AS. Revenue 523.0k NOK → 501.3k NOK (-4.2%). Net result +166.8k NOK → -114.8k NOK. Equity 108.5k NOK → -6 302 NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABSURD FILM AS.

Scorecard

Revenue
523.0k NOK 501.3k NOK
-4.2%
Operating result
+240.8k NOK -105.9k NOK
-144.0%
Net result
+166.8k NOK -114.8k NOK
-168.9%
Equity
108.5k NOK -6 302 NOK
-105.8%
Cash
1 020 NOK 8 602 NOK
+743.3%
Total assets
313.5k NOK 158.5k NOK
-49.4%

What improved

  • ↑

    Cash rose

    Bank deposits 1 020 NOK → 8 602 NOK (+743.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 523.0k NOK to 501.3k NOK (-4.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +240.8k NOK → -105.9k NOK (op. margin 46.0% → -21.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 166.8k NOK profit to a loss of 114.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 108.5k NOK → -6 302 NOK (equity ratio 34.6% → -4.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.45× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

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