FirmaIQ
Org.nr 992 784 490 2021 → 2022 Year-over-year analysis

3B FLISLEGGER AS: årsregnskap 2022 vs 2021

Shrank 13% on revenue, weaker earnings

approved 2023-05-19; registry 2023-06-13; journal 2023 465998

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 3B FLISLEGGER AS. Revenue 12.75m NOK → 11.14m NOK (-12.7%). Net result +3.31m NOK → +2.13m NOK. Equity 447.8k NOK → 177.8k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3B FLISLEGGER AS.

At a glance

Scorecard

Revenue
12.75m NOK 11.14m NOK
-12.7%
Operating result
+4.23m NOK +2.71m NOK
-35.9%
Net result
+3.31m NOK +2.13m NOK
-35.6%
Equity
447.8k NOK 177.8k NOK
-60.3%
Cash
4.60m NOK 3.15m NOK
-31.6%
Total assets
5.64m NOK 4.80m NOK
-14.9%

What improved

  • ↑

    Payroll decreased

    Salary cost 4.84m NOK → 4.24m NOK (38% → 38% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.75m NOK to 11.14m NOK (-12.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.23m NOK → +2.71m NOK (op. margin 33.1% → 24.3%). Calculated

  • ↓

    Net result weakened

    Net result +3.31m NOK → +2.13m NOK (net margin 25.9% → 19.1%). Calculated

  • ↓

    Equity eroded

    Book equity 447.8k NOK → 177.8k NOK (equity ratio 7.9% → 3.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.60m NOK → 3.15m NOK (-31.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation