3H CONSULTING & INVESTMENT AS: årsregnskap 2021 vs 2020
Shrank 6% on revenue, stronger earnings, cash halved-plus
approved 2022-05-30; registry 2022-06-01; journal 2022 396231
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3H CONSULTING & INVESTMENT AS. Revenue 12.3k NOK → 11.6k NOK (-6.1%). Net result -14.9k NOK → -1 562 NOK. Equity 15.1k NOK → 13.5k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 3H CONSULTING & INVESTMENT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -14.9k NOK → -1 565 NOK (op. margin -121.3% → -13.5%). Calculated
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↑
Net result improved
Net result -14.9k NOK → -1 562 NOK (net margin -121.3% → -13.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 12.3k NOK to 11.6k NOK (-6.1% YoY). Calculated
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↓
Equity eroded
Book equity 15.1k NOK → 13.5k NOK (equity ratio 42.3% → 0.9%). Calculated
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↓
Cash fell
Bank deposits 40.3k NOK → 5 232 NOK (-87.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 0 NOK → 1 500 NOK. Reported fact