3B AUTO AS: årsregnskap 2023 vs 2022
Grew 37% on revenue, stronger earnings
approved 2024-04-26; registry 2024-05-30; journal 2024 397441
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 3B AUTO AS. Revenue 13.13m NOK → 18.03m NOK (+37.3%). Net result +120.7k NOK → +635.9k NOK. Equity 526.6k NOK → 162.5k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 3B AUTO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 13.13m NOK to 18.03m NOK (+37.3% YoY). Calculated
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Net result improved
Net result +120.7k NOK → +635.9k NOK (net margin 0.9% → 3.5%). Calculated
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Cash rose
Bank deposits 131.5k NOK → 134.0k NOK (+1.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +363.4k NOK → +39.6k NOK (op. margin 2.8% → 0.2%). Calculated
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↓
Equity eroded
Book equity 526.6k NOK → 162.5k NOK (equity ratio 13.2% → 8.3%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 8.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 769.4k NOK → 2.71m NOK (6% → 15% of revenue). Calculated
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COGS moved
COGS / varekostnad 11.43m NOK → 15.69m NOK (+37.3% YoY). Calculated