Org.nr 912 672 239 2020 → 2021 Year-over-year analysis

3B INNOVATION AS: årsregnskap 2021 vs 2020

Shrank 23% on revenue, returned to profit

approved 2022-05-27; registry 2022-05-30; journal 2022 372942

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 3B INNOVATION AS. Revenue 372.6k NOK → 286.6k NOK (-23.1%). Net result -38.9k NOK → +90.8k NOK. Equity 1.30m NOK → 1.39m NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
372.6k NOK 286.6k NOK
-23.1%
Operating result
-50.1k NOK +116.3k NOK
+332.3%
Net result
-38.9k NOK +90.8k NOK
+333.4%
Equity
1.30m NOK 1.39m NOK
+7.0%
Cash
1.39m NOK 1.41m NOK
+2.0%
Total assets
1.43m NOK 1.43m NOK
+0.2%

What improved

  • ↑

    Operating result improved

    Operating result -50.1k NOK → +116.3k NOK (op. margin -13.4% → 40.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 38.9k NOK to a profit of 90.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.30m NOK → 1.39m NOK (equity ratio 90.9% → 97.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.39m NOK → 1.41m NOK (+2.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 341.5k NOK → 127.5k NOK (92% → 44% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 372.6k NOK to 286.6k NOK (-23.1% YoY). Calculated