3 N SUPPORT AS: årsregnskap 2022 vs 2021
Grew 17% on revenue, slipped into loss
approved 2023-06-30; registry 2023-08-26; journal 2023 717670
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 3 N SUPPORT AS. Revenue 18.34m NOK → 21.53m NOK (+17.4%). Net result +360.8k NOK → -1.24m NOK. Equity 1.01m NOK → -228.7k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for 3 N SUPPORT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 18.34m NOK to 21.53m NOK (+17.4% YoY). Calculated
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↑
Cash rose
Bank deposits 504.0k NOK → 602.3k NOK (+19.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +536.3k NOK → -992.8k NOK (op. margin 2.9% → -4.6%). Calculated
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Fell into a net loss
Net result flipped from 360.8k NOK profit to a loss of 1.24m NOK. Calculated
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↓
Equity eroded
Book equity 1.01m NOK → -228.7k NOK (equity ratio 13.0% → -1.6%). Calculated
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Current ratio dropped below 1×
Current ratio 1.04× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 12.08m NOK → 15.46m NOK (66% → 72% of revenue). Calculated