FirmaIQ
Org.nr 915 629 504 2020 → 2021 Year-over-year analysis

3MW INTEGRITY AS: årsregnskap 2021 vs 2020

Grew 72% on revenue, stronger earnings

approved 2022-06-15; registry 2022-07-27; journal 2022 722026

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 3MW INTEGRITY AS. Revenue 12.37m NOK → 21.26m NOK (+71.9%). Net result +3.62m NOK → +5.51m NOK. Equity 1.00m NOK → 2.38m NOK.

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

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for 3MW INTEGRITY AS.

At a glance

Scorecard

Revenue
12.37m NOK 21.26m NOK
+71.9%
Operating result
+4.62m NOK +6.93m NOK
+50.0%
Net result
+3.62m NOK +5.51m NOK
+52.2%
Equity
1.00m NOK 2.38m NOK
+137.5%
Cash
542.2k NOK 402.5k NOK
-25.8%
Total assets
7.66m NOK 7.23m NOK
-5.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.37m NOK to 21.26m NOK (+71.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.62m NOK → +6.93m NOK (op. margin 37.4% → 32.6%). Calculated

  • ↑

    Net result improved

    Net result +3.62m NOK → +5.51m NOK (net margin 29.3% → 25.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.00m NOK → 2.38m NOK (equity ratio 13.1% → 32.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 542.2k NOK → 402.5k NOK (-25.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.24m NOK → 12.29m NOK (50% → 58% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 8 → 12. Reported fact