FirmaIQ
Org.nr 915 629 504 2022 → 2023 Year-over-year analysis

3MW INTEGRITY AS: årsregnskap 2023 vs 2022

Shrank 29% on revenue, weaker earnings

approved 2024-05-28; registry 2024-06-24; journal 2024 514447

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 3MW INTEGRITY AS. Revenue 18.51m NOK → 13.13m NOK (-29.1%). Net result +4.43m NOK → +1.31m NOK. Equity 1.01m NOK → 1.00m NOK.

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

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

At a glance

Scorecard

Revenue
18.51m NOK 13.13m NOK
-29.1%
Operating result
+5.65m NOK +1.68m NOK
-70.2%
Net result
+4.43m NOK +1.31m NOK
-70.5%
Equity
1.01m NOK 1.00m NOK
-0.7%
Cash
758.5k NOK 692.5k NOK
-8.7%
Total assets
11.62m NOK 4.71m NOK
-59.5%

What improved

  • ↑

    Payroll decreased

    Salary cost 10.71m NOK → 9.58m NOK (58% → 73% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 18.51m NOK to 13.13m NOK (-29.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.65m NOK → +1.68m NOK (op. margin 30.5% → 12.8%). Calculated

  • ↓

    Net result weakened

    Net result +4.43m NOK → +1.31m NOK (net margin 23.9% → 10.0%). Calculated

  • ↓

    Equity eroded

    Book equity 1.01m NOK → 1.00m NOK (equity ratio 8.7% → 21.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 758.5k NOK → 692.5k NOK (-8.7% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 9 → 6. Reported fact