Org.nr 922 330 468 2021 → 2022 Year-over-year analysis

3 MILLIMETER AS: årsregnskap 2022 vs 2021

Grew 95% on revenue, slipped into loss

approved 2023-06-28; registry 2023-07-24; journal 2023 638527

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 3 MILLIMETER AS. Revenue 12.9k NOK → 25.2k NOK (+94.9%). Net result 0 NOK → -11.3k NOK. Equity 24.4k NOK → 13.1k NOK.

On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 3 MILLIMETER AS.

Scorecard

Revenue
12.9k NOK 25.2k NOK
+94.9%
Operating result
n/m -11.3k NOK
—
Net result
0 NOK -11.3k NOK
—
Equity
24.4k NOK 13.1k NOK
-46.2%
Cash
24.4k NOK 24.4k NOK
0.0%
Total assets
923.0k NOK 897.0k NOK
-2.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.9k NOK to 25.2k NOK (+94.9% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 11.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 24.4k NOK → 13.1k NOK (equity ratio 2.6% → 1.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 898.6k NOK → 872.6k NOK. Reported fact