361 VENTURES AS: årsregnskap 2022 vs 2021
Shrank 20% on revenue, returned to profit, cash halved-plus
approved 2023-06-30; registry 2023-07-05; journal 2023 574130
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 361 VENTURES AS. Revenue 1.26m NOK → 1.01m NOK (-19.6%). Net result -38.7k NOK → +63.6k NOK. Equity 190.1k NOK → 253.8k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 361 VENTURES AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -32.2k NOK → +123.4k NOK (op. margin -2.6% → 12.2%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 38.7k NOK to a profit of 63.6k NOK. Calculated
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↑
Equity strengthened
Book equity 190.1k NOK → 253.8k NOK (equity ratio 23.1% → 53.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.88× → 1.14×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.26m NOK to 1.01m NOK (-19.6% YoY). Calculated
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↓
Cash fell
Bank deposits 347.2k NOK → 51.1k NOK (-85.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 139.9k NOK → 0 NOK. Reported fact