3F EIENDOM AS: årsregnskap 2023 vs 2022
Grew 15% on revenue, weaker earnings, fresh owner capital
approved 2024-06-19; registry 2024-06-29; journal 2024 545998
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 3F EIENDOM AS. Revenue 1.15m NOK → 1.32m NOK (+15.1%). Net result -573.3k NOK → -914.5k NOK. Equity 780.7k NOK → 266.2k 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. All figures are taken from the published annual accounts for 3F EIENDOM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.15m NOK to 1.32m NOK (+15.1% YoY). Calculated
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Cash rose
Bank deposits 17.1k NOK → 21.1k NOK (+23.6% YoY). Calculated
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Owners injected capital
Paid-in equity rose 1.03m NOK → 1.43m NOK (+400.0k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -166.0k NOK → -228.5k NOK (op. margin -14.5% → -17.3%). Calculated
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Net result weakened
Net result -573.3k NOK → -914.5k NOK (net margin -50.0% → -69.3%). Calculated
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↓
Equity eroded
Book equity 780.7k NOK → 266.2k NOK (equity ratio 4.2% → 1.5%). Calculated
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Current ratio dropped below 1×
Current ratio 1.09× → 0.98× — 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 1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation