Org.nr 925 559 830 2021 → 2022 Year-over-year analysis

3ND EIENDOM AS: årsregnskap 2022 vs 2021

Grew 5361% on revenue, weaker earnings, cash halved-plus

approved 2023-05-16; registry 2023-05-31; journal 2023 414517

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 3ND EIENDOM AS. Revenue 69.0k NOK → 3.77m NOK (+5361.4%). Net result +6.65m NOK → +1.71m NOK. Equity 6.71m NOK → 5.93m NOK.

On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: net result weakened; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
69.0k NOK 3.77m NOK
+5361.4%
Operating result
+989.7k NOK +2.85m NOK
+188.0%
Net result
+6.65m NOK +1.71m NOK
-74.3%
Equity
6.71m NOK 5.93m NOK
-11.7%
Cash
208.0k NOK 77.6k NOK
-62.7%
Total assets
15.66m NOK 14.15m NOK
-9.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 69.0k NOK to 3.77m NOK (+5361.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +989.7k NOK → +2.85m NOK (op. margin 1434.3% → 75.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.19× → 8.39×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +6.65m NOK → +1.71m NOK (net margin 9642.1% → 45.5%). Calculated

  • ↓

    Equity eroded

    Book equity 6.71m NOK → 5.93m NOK (equity ratio 42.9% → 41.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 208.0k NOK → 77.6k NOK (-62.7% YoY). Calculated