FirmaIQ
Org.nr 976 842 197 2022 → 2023 Year-over-year analysis

3 BYGG MESTER EIENDOM AS: årsregnskap 2023 vs 2022

Grew 51% on revenue, cash halved-plus

approved 2024-06-27; registry 2024-08-08; journal 2024 638205

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 3 BYGG MESTER EIENDOM AS. Revenue 58.66m NOK → 88.75m NOK (+51.3%). Net result +12.39m NOK → +12.41m NOK. Equity 178.70m NOK → 189.97m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.

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
58.66m NOK 88.75m NOK
+51.3%
Operating result
+14.47m NOK +16.31m NOK
+12.7%
Net result
+12.39m NOK +12.41m NOK
+0.1%
Equity
178.70m NOK 189.97m NOK
+6.3%
Cash
4.21m NOK 180.4k NOK
-95.7%
Total assets
249.80m NOK 220.17m NOK
-11.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 58.66m NOK to 88.75m NOK (+51.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +14.47m NOK → +16.31m NOK (op. margin 24.7% → 18.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 178.70m NOK → 189.97m NOK (equity ratio 71.5% → 86.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.70m NOK → 3.59m NOK (6% → 4% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4.21m NOK → 180.4k NOK (-95.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.21m NOK → 180.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation