Org.nr 928 707 512 2022 → 2023 Year-over-year analysis

3-TO EIENDOM AS: årsregnskap 2023 vs 2022

Grew 242% on revenue, stronger earnings

approved 2024-03-24; registry 2024-05-04; journal 2024 391681

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 3-TO EIENDOM AS. Revenue 116.6k NOK → 398.3k NOK (+241.5%). Net result -48.8k NOK → -1 704 NOK. Equity -24.4k NOK → -26.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 3-TO EIENDOM AS.

Scorecard

Revenue
116.6k NOK 398.3k NOK
+241.5%
Operating result
+84.3k NOK +213.0k NOK
+152.7%
Net result
-48.8k NOK -1 704 NOK
+96.5%
Equity
-24.4k NOK -26.1k NOK
-7.0%
Cash
4 237 NOK 5 239 NOK
+23.6%
Total assets
2.83m NOK 2.97m NOK
+4.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 116.6k NOK to 398.3k NOK (+241.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +84.3k NOK → +213.0k NOK (op. margin 72.3% → 53.5%). Calculated

  • ↑

    Net result improved

    Net result -48.8k NOK → -1 704 NOK (net margin -41.9% → -0.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 4 237 NOK → 5 239 NOK (+23.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -24.4k NOK → -26.1k NOK (equity ratio -0.9% → -0.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 50 NOK → 5 123 NOK (+10146.0% YoY). Calculated