Org.nr 988 389 846 2021 → 2022 Year-over-year analysis

3NET AS: årsregnskap 2022 vs 2021

Grew 6% on revenue, weaker earnings

approved 2023-05-23; registry 2023-06-06; journal 2023 427661

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 3NET AS. Revenue 54.63m NOK → 58.16m NOK (+6.5%). Net result +823.4k NOK → +881 NOK. Equity 5.24m NOK → 5.25m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; cash fell; current ratio dropped below 1×.

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

Scorecard

Revenue
54.63m NOK 58.16m NOK
+6.5%
Operating result
+1.27m NOK +6.84m NOK
+438.0%
Net result
+823.4k NOK +881 NOK
-99.9%
Equity
5.24m NOK 5.25m NOK
+0.0%
Cash
5.96m NOK 5.10m NOK
-14.4%
Total assets
36.82m NOK 33.33m NOK
-9.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 54.63m NOK to 58.16m NOK (+6.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.27m NOK → +6.84m NOK (op. margin 2.3% → 11.8%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +823.4k NOK → +881 NOK (net margin 1.5% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.96m NOK → 5.10m NOK (-14.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.53× → 0.68× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 32.57m NOK → 29.85m NOK (-8.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 165.2k NOK → 176 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 14 → 10. Reported fact