3D-KNITTING & TECHNOLOGY AS: årsregnskap 2021 vs 2020
Grew 17% on revenue, slipped into loss
approved 2022-06-21; registry 2022-07-18; journal 2022 663496
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3D-KNITTING & TECHNOLOGY AS. Revenue 572.7k NOK → 671.6k NOK (+17.3%). Net result +16.1k NOK → -421.8k NOK. Equity 325.4k NOK → -96.3k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3D-KNITTING & TECHNOLOGY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 572.7k NOK to 671.6k NOK (+17.3% YoY). Calculated
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Cash rose
Bank deposits 170.8k NOK → 438.5k NOK (+156.7% YoY). Calculated
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Payroll decreased
Salary cost 522.8k NOK → 319.7k NOK (91% → 48% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +222.1k NOK → -339.7k NOK (op. margin 38.8% → -50.6%). Calculated
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Fell into a net loss
Net result flipped from 16.1k NOK profit to a loss of 421.8k NOK. Calculated
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Equity eroded
Book equity 325.4k NOK → -96.3k NOK (equity ratio 53.8% → -3.6%). Calculated
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Current ratio dropped below 1×
Current ratio 1.17× → 0.95× — 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 -3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation