Org.nr 923 831 010 2020 → 2021 Year-over-year analysis

3BL GROUP AS: årsregnskap 2021 vs 2020

Grew 431% on revenue, returned to profit, cash halved-plus

registry 2022-04-11; journal 2022 201611

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 3BL GROUP AS. Revenue 429 NOK → 2 276 NOK (+430.5%). Net result -204.0k NOK → +272.8k NOK. Equity -179.6k NOK → 93.2k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
429 NOK 2 276 NOK
+430.5%
Operating result
-204.1k NOK +294.5k NOK
+244.3%
Net result
-204.0k NOK +272.8k NOK
+233.7%
Equity
-179.6k NOK 93.2k NOK
+151.9%
Cash
251.7k NOK 1 618 NOK
-99.4%
Total assets
335.3k NOK 233.0k NOK
-30.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 429 NOK to 2 276 NOK (+430.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -204.1k NOK → +294.5k NOK (op. margin -47572.0% → 12938.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 204.0k NOK to a profit of 272.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -179.6k NOK → 93.2k NOK (equity ratio -53.6% → 40.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.65× → 1.67×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 251.7k NOK → 1 618 NOK (-99.4% YoY). Calculated