FirmaIQ
Org.nr 995 697 076 2020 → 2021 Year-over-year analysis

3-1 OFFSHORE AS: årsregnskap 2021 vs 2020

Shrank 15% on revenue, weaker earnings, cash halved-plus

approved 2022-06-28; registry 2022-07-25; journal 2022 775472

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 3-1 OFFSHORE AS. Revenue 2.62m NOK → 2.21m NOK (-15.3%). Net result +759.2k NOK → +415.1k NOK. Equity 2.93m NOK → 3.35m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.62m NOK 2.21m NOK
-15.3%
Operating result
+971.9k NOK +535.7k NOK
-44.9%
Net result
+759.2k NOK +415.1k NOK
-45.3%
Equity
2.93m NOK 3.35m NOK
+14.2%
Cash
763.9k NOK 57.1k NOK
-92.5%
Total assets
3.63m NOK 3.69m NOK
+1.6%

What improved

  • ↑

    Equity strengthened

    Book equity 2.93m NOK → 3.35m NOK (equity ratio 80.7% → 90.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.62m NOK to 2.21m NOK (-15.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +971.9k NOK → +535.7k NOK (op. margin 37.2% → 24.2%). Calculated

  • ↓

    Net result weakened

    Net result +759.2k NOK → +415.1k NOK (net margin 29.0% → 18.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 763.9k NOK → 57.1k NOK (-92.5% YoY). Calculated