3 Q NORGE AS: årsregnskap 2021 vs 2020
Shrank 15% on revenue, weaker earnings
approved 2022-02-28; registry 2022-04-04; journal 2022 185916
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3 Q NORGE AS. Revenue 1.91m NOK → 1.63m NOK (-15.1%). Net result +420.9k NOK → +230.1k NOK. Equity 10 NOK → 687.0k NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 10 NOK → 687.0k NOK (equity ratio 0.0% → 62.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.17× → 2.40×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.91m NOK to 1.63m NOK (-15.1% YoY). Calculated
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↓
Operating result weakened
Operating result +539.3k NOK → +294.9k NOK (op. margin 28.2% → 18.1%). Calculated
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↓
Net result weakened
Net result +420.9k NOK → +230.1k NOK (net margin 22.0% → 14.2%). Calculated
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↓
Cash fell
Bank deposits 645.4k NOK → 331.6k NOK (-48.6% YoY). Calculated