3 N EIENDOM AS: årsregnskap 2021 vs 2020
Grew 3075% on revenue, weaker earnings
approved 2022-04-19; registry 2022-08-10; journal 2022 838743
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3 N EIENDOM AS. Revenue 131.8k NOK → 4.19m NOK (+3075.4%). Net result -2.13m NOK → -7.90m NOK. Equity 2.27m NOK → -5.63m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for 3 N EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 131.8k NOK to 4.19m NOK (+3075.4% YoY). Calculated
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↑
Cash rose
Bank deposits 123.8k NOK → 527.2k NOK (+325.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -2.06m NOK → -7.52m NOK (op. margin -1562.3% → -179.8%). Calculated
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↓
Net result weakened
Net result -2.13m NOK → -7.90m NOK (net margin -1616.4% → -188.8%). Calculated
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↓
Equity eroded
Book equity 2.27m NOK → -5.63m NOK (equity ratio 11.2% → -22.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -22.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 4.28m NOK → 10.07m NOK (3248% → 241% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 16.53m NOK → 16.59m NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 0 → 4. Reported fact