3D INNOVATION NORDIC AS: årsregnskap 2021 vs 2020
Grew 312% on revenue, weaker earnings
approved 2022-07-11; registry 2022-07-25; journal 2022 707594
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3D INNOVATION NORDIC AS. Revenue 15.76m NOK → 64.89m NOK (+311.6%). Net result +612.5k NOK → +264.2k NOK. Equity 772.2k NOK → 36.4k NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for 3D INNOVATION NORDIC AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 15.76m NOK to 64.89m NOK (+311.6% YoY). Calculated
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Cash rose
Bank deposits 274.7k NOK → 776.7k NOK (+182.8% YoY). Calculated
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Owners injected capital
Paid-in equity rose 772.2k NOK → 780.0k NOK (+7 838 NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +795.3k NOK → +122.7k NOK (op. margin 5.0% → 0.2%). Calculated
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Net result weakened
Net result +612.5k NOK → +264.2k NOK (net margin 3.9% → 0.4%). Calculated
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↓
Equity eroded
Book equity 772.2k NOK → 36.4k NOK (equity ratio 16.9% → 0.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 5.78× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 300.2k NOK → 51.25m NOK (+16970.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 172.4k NOK → 136.4k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 12 → 5. Reported fact