Org.nr 988 389 846 2020 → 2021 Year-over-year analysis

3NET AS: årsregnskap 2021 vs 2020

Grew 114346% on revenue

approved 2022-06-14; registry 2022-06-27; journal 2022 520078

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 3NET AS. Revenue 47.7k NOK → 54.63m NOK (+114346.0%). Net result +889.0k NOK → +823.4k NOK. Equity 5.78m NOK → 5.24m NOK.

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

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

Scorecard

Revenue
47.7k NOK 54.63m NOK
+114346.0%
Operating result
+1 437 NOK +1.27m NOK
+88403.8%
Net result
+889.0k NOK +823.4k NOK
-7.4%
Equity
5.78m NOK 5.24m NOK
-9.2%
Cash
1 136 NOK 5.96m NOK
+524291.0%
Total assets
37.41m NOK 36.82m NOK
-1.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 47.7k NOK to 54.63m NOK (+114346.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 437 NOK → +1.27m NOK (op. margin 3.0% → 2.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 136 NOK → 5.96m NOK (+524291.0% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +889.0k NOK → +823.4k NOK (net margin 1862.5% → 1.5%). Calculated

  • ↓

    Equity eroded

    Book equity 5.78m NOK → 5.24m NOK (equity ratio 15.4% → 14.2%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 27.2k NOK → 32.57m NOK (+119568.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 13.7k NOK → 165.2k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 16.1 → 14. Reported fact