FirmaIQ
Org.nr 976 842 197 2021 → 2022 Year-over-year analysis

3 BYGG MESTER EIENDOM AS: årsregnskap 2022 vs 2021

Shrank 65% on revenue, weaker earnings, cash halved-plus

approved 2023-06-01; registry 2023-07-29; journal 2023 614746

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 3 BYGG MESTER EIENDOM AS. Revenue 165.68m NOK → 58.66m NOK (-64.6%). Net result +28.57m NOK → +12.39m NOK. Equity 166.31m NOK → 178.70m NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 3 BYGG MESTER EIENDOM AS.

At a glance

Scorecard

Revenue
165.68m NOK 58.66m NOK
-64.6%
Operating result
+36.00m NOK +14.47m NOK
-59.8%
Net result
+28.57m NOK +12.39m NOK
-56.6%
Equity
166.31m NOK 178.70m NOK
+7.4%
Cash
20.58m NOK 4.21m NOK
-79.5%
Total assets
n/m 249.80m NOK
—

What improved

  • ↑

    Equity strengthened

    Book equity 166.31m NOK → 178.70m NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 165.68m NOK to 58.66m NOK (-64.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +36.00m NOK → +14.47m NOK (op. margin 21.7% → 24.7%). Calculated

  • ↓

    Net result weakened

    Net result +28.57m NOK → +12.39m NOK (net margin 17.2% → 21.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 20.58m NOK → 4.21m NOK (-79.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.59m NOK → 3.70m NOK (2% → 6% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (20.58m NOK → 4.21m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation