Org.nr 993 995 614 2021 → 2022 Year-over-year analysis

3 NORSKE AS: årsregnskap 2022 vs 2021

Shrank 74% on revenue, weaker earnings

approved 2023-09-14; registry 2023-09-20; journal 2023 729029

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 3 NORSKE AS. Revenue 975.0k NOK → 256.0k NOK (-73.7%). Net result -6.43m NOK → -50.10m NOK. Equity 155.04m NOK → 104.94m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3 NORSKE AS.

Scorecard

Revenue
975.0k NOK 256.0k NOK
-73.7%
Operating result
-298 NOK -940.0k NOK
-315336.2%
Net result
-6.43m NOK -50.10m NOK
-679.3%
Equity
155.04m NOK 104.94m NOK
-32.3%
Cash
38.99m NOK 23.07m NOK
-40.8%
Total assets
332.33m NOK 358.8k NOK
-99.9%

What improved

  • ↑

    Payroll decreased

    Salary cost 337.0k NOK → 5 238 NOK (35% → 2% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 975.0k NOK to 256.0k NOK (-73.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -298 NOK → -940.0k NOK (op. margin -0.0% → -367.2%). Calculated

  • ↓

    Net result weakened

    Net result -6.43m NOK → -50.10m NOK (net margin -659.4% → -19570.3%). Calculated

  • ↓

    Equity eroded

    Book equity 155.04m NOK → 104.94m NOK (equity ratio 46.7% → 29244.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 38.99m NOK → 23.07m NOK (-40.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 208.0k NOK → 238.54m NOK. Reported fact