3 NORSKE AS: årsregnskap 2023 vs 2022
Shrank 100% on revenue, stronger earnings, cash halved-plus
approved 2024-06-30; registry 2024-08-21; journal 2024 729315
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 3 NORSKE AS. Revenue 256.0k NOK → 258 NOK (-99.9%). Net result -50.10m NOK → -19.63m NOK. Equity 104.94m NOK → 85.31m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 3 NORSKE AS.
At a glance
Scorecard
What improved
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Net result improved
Net result -50.10m NOK → -19.63m NOK (net margin -19570.3% → -7607751.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 256.0k NOK to 258 NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result -940.0k NOK → -1.12m NOK (op. margin -367.2% → -432945.7%). Calculated
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↓
Equity eroded
Book equity 104.94m NOK → 85.31m NOK (equity ratio 29244.4% → 25.0%). Calculated
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↓
Cash fell
Bank deposits 23.07m NOK → 2.06m NOK (-91.1% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 362.8k NOK → 341.19m NOK (+93938.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (23.07m NOK → 2.06m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 238.54m NOK → 228.36m NOK. Reported fact