Org.nr 924 394 161 2022 → 2023 Year-over-year analysis

3,14 HOLDING AS: årsregnskap 2023 vs 2022

Shrank 91% on revenue, cash halved-plus

registry 2024-06-25; journal 2024 544235

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 3,14 HOLDING AS. Revenue 224.6k NOK → 20.0k NOK (-91.1%). Net result -181.7k NOK → -209.4k NOK. Equity 224.3k NOK → 14.9k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3,14 HOLDING AS.

Scorecard

Revenue
224.6k NOK 20.0k NOK
-91.1%
Operating result
-174.8k NOK -185.9k NOK
-6.4%
Net result
-181.7k NOK -209.4k NOK
-15.2%
Equity
224.3k NOK 14.9k NOK
-93.3%
Cash
216.3k NOK 4 635 NOK
-97.9%
Total assets
608.1k NOK 427.4k NOK
-29.7%

What improved

  • ↑

    Payroll decreased

    Salary cost 3.12m NOK → 2 NOK (1389% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 224.6k NOK to 20.0k NOK (-91.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -174.8k NOK → -185.9k NOK (op. margin -77.8% → -929.6%). Calculated

  • ↓

    Net result weakened

    Net result -181.7k NOK → -209.4k NOK (net margin -80.9% → -1046.9%). Calculated

  • ↓

    Equity eroded

    Book equity 224.3k NOK → 14.9k NOK (equity ratio 36.9% → 3.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 216.3k NOK → 4 635 NOK (-97.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation