FirmaIQ
Org.nr 919 742 356 2022 → 2023 Year-over-year analysis

3B-FIBREGLASS NORWAY AS: årsregnskap 2023 vs 2022

Grew 23% on revenue, returned to profit

approved 2024-06-27; registry 2024-07-13; journal 2024 620269

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 3B-FIBREGLASS NORWAY AS. Revenue 640.4k NOK → 789.8k NOK (+23.3%). Net result -2.40m NOK → +66.12m NOK. Equity 195.29m NOK → 299.5k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
640.4k NOK 789.8k NOK
+23.3%
Operating result
+3.84m NOK +88.06m NOK
+2193.2%
Net result
-2.40m NOK +66.12m NOK
+2851.7%
Equity
195.29m NOK 299.5k NOK
-99.8%
Cash
5.79m NOK 6.87m NOK
+18.8%
Total assets
436.95m NOK 551.8k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 640.4k NOK to 789.8k NOK (+23.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.84m NOK → +88.06m NOK (op. margin 599.6% → 11149.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.40m NOK to a profit of 66.12m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 5.79m NOK → 6.87m NOK (+18.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.93× → 1.30×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 195.29m NOK → 299.5k NOK (equity ratio 44.7% → 54.3%). Calculated