FirmaIQ
Org.nr 990 317 216 2022 → 2023 Year-over-year analysis

3H EIENDOM AS: årsregnskap 2023 vs 2022

Shrank 19% on revenue, stronger earnings, cash halved-plus

approved 2024-03-25; registry 2024-06-15; journal 2024 479475

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 3H EIENDOM AS. Revenue 5.70m NOK → 4.63m NOK (-18.8%). Net result +7 921 NOK → +213.2k NOK. Equity 2.12m NOK → 2.34m NOK.

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

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

At a glance

Scorecard

Revenue
5.70m NOK 4.63m NOK
-18.8%
Operating result
+4 712 NOK +372.1k NOK
+7796.3%
Net result
+7 921 NOK +213.2k NOK
+2591.5%
Equity
2.12m NOK 2.34m NOK
+10.0%
Cash
26.5k NOK 0 NOK
-100.0%
Total assets
4.00m NOK 4.96m NOK
+24.1%

What improved

  • ↑

    Operating result improved

    Operating result +4 712 NOK → +372.1k NOK (op. margin 0.1% → 8.0%). Calculated

  • ↑

    Net result improved

    Net result +7 921 NOK → +213.2k NOK (net margin 0.1% → 4.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.12m NOK → 2.34m NOK (equity ratio 53.1% → 47.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.31m NOK → 2.24m NOK (41% → 48% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.70m NOK to 4.63m NOK (-18.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 26.5k NOK → 0 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 5.01m NOK → 3.43m NOK (-31.6% YoY). Calculated