FirmaIQ
Org.nr 887 841 012 2021 → 2022 Year-over-year analysis

3F BRANNVERN AS: årsregnskap 2022 vs 2021

Grew 7% on revenue, weaker earnings

approved 2023-04-27; registry 2023-07-24; journal 2023 641828

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 3F BRANNVERN AS. Revenue 1.89m NOK → 2.01m NOK (+6.6%). Net result +365.8k NOK → +215.5k NOK. Equity 788.6k NOK → 804.1k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3F BRANNVERN AS.

At a glance

Scorecard

Revenue
1.89m NOK 2.01m NOK
+6.6%
Operating result
+471.1k NOK +270.5k NOK
-42.6%
Net result
+365.8k NOK +215.5k NOK
-41.1%
Equity
788.6k NOK 804.1k NOK
+2.0%
Cash
33.0k NOK 750.0k NOK
+2171.3%
Total assets
1.34m NOK 1.23m NOK
-8.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.89m NOK to 2.01m NOK (+6.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 788.6k NOK → 804.1k NOK (equity ratio 58.8% → 65.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 33.0k NOK → 750.0k NOK (+2171.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.46× → 2.72×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +471.1k NOK → +270.5k NOK (op. margin 24.9% → 13.4%). Calculated

  • ↓

    Net result weakened

    Net result +365.8k NOK → +215.5k NOK (net margin 19.4% → 10.7%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 77.0k NOK → 52.0k NOK. Reported fact