FirmaIQ
Org.nr 878 703 812 2020 → 2021 Year-over-year analysis

3 STEP IT AS: årsregnskap 2021 vs 2020

Shrank 79% on revenue, weaker earnings

approved 2022-03-23; registry 2022-05-10; journal 2022 216073

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 3 STEP IT AS. Revenue 2.66bn NOK → 569.37m NOK (-78.6%). Net result +23.82m NOK → +14.69m NOK. Equity 13.56m NOK → 13.56m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3 STEP IT AS.

At a glance

Scorecard

Revenue
2.66bn NOK 569.37m NOK
-78.6%
Operating result
+29.90m NOK +20.46m NOK
-31.6%
Net result
+23.82m NOK +14.69m NOK
-38.3%
Equity
13.56m NOK 13.56m NOK
0.0%
Cash
96.77m NOK 84.47m NOK
-12.7%
Total assets
165.68m NOK 133.04m NOK
-19.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.66bn NOK to 569.37m NOK (-78.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +29.90m NOK → +20.46m NOK (op. margin 1.1% → 3.6%). Calculated

  • ↓

    Net result weakened

    Net result +23.82m NOK → +14.69m NOK (net margin 0.9% → 2.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 96.77m NOK → 84.47m NOK (-12.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 31.89m NOK → 34.26m NOK (1% → 6% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 575.26m NOK → 491.36m NOK (-14.6% YoY). Calculated