FirmaIQ
Org.nr 995 856 182 2020 → 2021 Year-over-year analysis

3MT COMMUNICATIONS AS: årsregnskap 2021 vs 2020

Shrank 35% on revenue, stronger earnings

approved 2022-08-26; registry 2022-08-29; journal 2022 913621

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 3MT COMMUNICATIONS AS. Revenue 2.80m NOK → 1.83m NOK (-34.6%). Net result +301.4k NOK → +467.2k NOK. Equity 11.11m NOK → 10.13m NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 3MT COMMUNICATIONS AS.

At a glance

Scorecard

Revenue
2.80m NOK 1.83m NOK
-34.6%
Operating result
+403.1k NOK +621.7k NOK
+54.2%
Net result
+301.4k NOK +467.2k NOK
+55.0%
Equity
11.11m NOK 10.13m NOK
-8.8%
Cash
29.4k NOK 148.1k NOK
+404.4%
Total assets
1.24m NOK 1.49m NOK
+20.0%

What improved

  • ↑

    Operating result improved

    Operating result +403.1k NOK → +621.7k NOK (op. margin 14.4% → 34.0%). Calculated

  • ↑

    Net result improved

    Net result +301.4k NOK → +467.2k NOK (net margin 10.8% → 25.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 29.4k NOK → 148.1k NOK (+404.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.90× → 1.05×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.80m NOK to 1.83m NOK (-34.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 11.11m NOK → 10.13m NOK (equity ratio 895.6% → 680.7%). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact