3K HOLDING AS: årsregnskap 2022 vs 2021
Cash halved-plus
approved 2023-09-18; registry 2023-09-21; journal 2023 730105
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 3K HOLDING AS. Revenue 10.46m NOK → 10.10m NOK (-3.4%). Net result +7.34m NOK → +6.40m NOK. Equity 11.51m NOK → 11.98m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 3K HOLDING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 11.51m NOK → 11.98m NOK (equity ratio 61.4% → 58.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.46m NOK to 10.10m NOK (-3.4% YoY). Calculated
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↓
Operating result weakened
Operating result +8.44m NOK → +8.32m NOK (op. margin 80.7% → 82.4%). Calculated
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↓
Net result weakened
Net result +7.34m NOK → +6.40m NOK (net margin 70.2% → 63.4%). Calculated
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↓
Cash fell
Bank deposits 3.01m NOK → 35.9k NOK (-98.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.01m NOK → 1.15m NOK (10% → 11% of revenue). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.01m NOK → 35.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 500 NOK → 300.5k NOK. Reported fact