3MT ENGINEERING AS: årsregnskap 2021 vs 2020
Grew 437% on revenue, stronger earnings
registry 2022-06-04; journal 2022 422943
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3MT ENGINEERING AS. Revenue 71.5k NOK → 384.2k NOK (+437.3%). Net result -59.1k NOK → -8 272 NOK. Equity 12 NOK → 43.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 3MT ENGINEERING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 71.5k NOK to 384.2k NOK (+437.3% YoY). Calculated
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Operating result improved
Operating result -59.2k NOK → -21.6k NOK (op. margin -82.7% → -5.6%). Calculated
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Net result improved
Net result -59.1k NOK → -8 272 NOK (net margin -82.7% → -2.2%). Calculated
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Equity strengthened
Book equity 12 NOK → 43.7k NOK (equity ratio 0.0% → 46.0%). Calculated
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Cash rose
Bank deposits 13.2k NOK → 87.4k NOK (+559.9% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 103.6k NOK → 3.39m NOK (145% → 883% of revenue). Calculated