3 N EIENDOM AS: årsregnskap 2023 vs 2022
Shrank 75% on revenue, weaker earnings
approved 2024-06-30; registry 2024-08-02; journal 2024 697814
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 3 N EIENDOM AS. Revenue 7.70m NOK → 1.95m NOK (-74.7%). Net result -8.92m NOK → -13.51m NOK. Equity -14.55m NOK → -28.06m NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer; 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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Operating result improved
Operating result -5.49m NOK → -3.18m NOK (op. margin -71.3% → -163.3%). Calculated
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Payroll decreased
Salary cost 10.88m NOK → 3.17m NOK (141% → 163% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 7.70m NOK to 1.95m NOK (-74.7% YoY). Calculated
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Net result weakened
Net result -8.92m NOK → -13.51m NOK (net margin -115.9% → -694.0%). Calculated
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↓
Equity eroded
Book equity -14.55m NOK → -28.06m NOK (equity ratio -9.2% → -19.1%). Calculated
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Cash fell
Bank deposits 285.1k NOK → 224.8k NOK (-21.2% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -19.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 100.43m NOK → 100.43m NOK. Reported fact