FirmaIQ
Org.nr 989 571 702 2020 → 2021 Year-over-year analysis

3ET MANAGEMENT AS: årsregnskap 2021 vs 2020

Grew 49% on revenue, stronger earnings, cash halved-plus

approved 2022-06-24; registry 2022-07-05; journal 2022 562448

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 3ET MANAGEMENT AS. Revenue 4.48m NOK → 6.69m NOK (+49.5%). Net result +185.1k NOK → +648.4k NOK. Equity 16.70m NOK → 18.35m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
4.48m NOK 6.69m NOK
+49.5%
Operating result
+486.6k NOK +88.3k NOK
-81.8%
Net result
+185.1k NOK +648.4k NOK
+250.4%
Equity
16.70m NOK 18.35m NOK
+9.9%
Cash
166.6k NOK 32.7k NOK
-80.4%
Total assets
24.45m NOK 19.64m NOK
-19.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.48m NOK to 6.69m NOK (+49.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +185.1k NOK → +648.4k NOK (net margin 4.1% → 9.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 16.70m NOK → 18.35m NOK (equity ratio 68.3% → 93.4%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +486.6k NOK → +88.3k NOK (op. margin 10.9% → 1.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 166.6k NOK → 32.7k NOK (-80.4% YoY). Calculated