FirmaIQ
Org.nr 990 317 216 2021 → 2022 Year-over-year analysis

3H EIENDOM AS: årsregnskap 2022 vs 2021

Shrank 60% on revenue, weaker earnings, cash halved-plus

approved 2023-04-13; registry 2023-04-19; journal 2023 355023

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 3H EIENDOM AS. Revenue 14.16m NOK → 5.70m NOK (-59.7%). Net result +860.4k NOK → +7 921 NOK. Equity 2.11m NOK → 2.12m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3H EIENDOM AS.

At a glance

Scorecard

Revenue
14.16m NOK 5.70m NOK
-59.7%
Operating result
+136.5k NOK +4 712 NOK
-96.5%
Net result
+860.4k NOK +7 921 NOK
-99.1%
Equity
2.11m NOK 2.12m NOK
+0.4%
Cash
108.8k NOK 26.5k NOK
-75.7%
Total assets
3.09m NOK 4.00m NOK
+29.6%

What improved

  • ↑

    Equity strengthened

    Book equity 2.11m NOK → 2.12m NOK (equity ratio 68.5% → 53.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.43m NOK → 2.31m NOK (17% → 41% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.16m NOK to 5.70m NOK (-59.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +136.5k NOK → +4 712 NOK (op. margin 1.0% → 0.1%). Calculated

  • ↓

    Net result weakened

    Net result +860.4k NOK → +7 921 NOK (net margin 6.1% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 108.8k NOK → 26.5k NOK (-75.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 12.12m NOK → 5.01m NOK (-58.7% YoY). Calculated