Org.nr 916 252 773 2021 → 2022 Year-over-year analysis

3MT ENGINEERING AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, cash halved-plus

registry 2023-06-24; journal 2023 517707

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 3MT ENGINEERING AS. Revenue 384.2k NOK → 384 NOK (-99.9%). Net result -8 272 NOK → -15.0k NOK. Equity 43.7k NOK → 28.7k NOK.

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

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

Scorecard

Revenue
384.2k NOK 384 NOK
-99.9%
Operating result
-21.6k NOK -7 476 NOK
+65.4%
Net result
-8 272 NOK -15.0k NOK
-81.0%
Equity
43.7k NOK 28.7k NOK
-34.3%
Cash
87.4k NOK 39.3k NOK
-55.1%
Total assets
94.9k NOK 40.6k NOK
-57.3%

What improved

  • ↑

    Operating result improved

    Operating result -21.6k NOK → -7 476 NOK (op. margin -5.6% → -1946.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.39m NOK → 3 NOK (883% → 1% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 384.2k NOK to 384 NOK (-99.9% YoY). Calculated

  • ↓

    Net result weakened

    Net result -8 272 NOK → -15.0k NOK (net margin -2.2% → -3899.7%). Calculated

  • ↓

    Equity eroded

    Book equity 43.7k NOK → 28.7k NOK (equity ratio 46.0% → 70.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 87.4k NOK → 39.3k NOK (-55.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 7 500 NOK → 0 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact