3NEVA AS: årsregnskap 2021 vs 2020
Grew 204% on revenue, slipped into loss
approved 2022-07-05; registry 2022-07-18; journal 2022 720026
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3NEVA AS. Revenue 50.0k NOK → 151.9k NOK (+203.8%). Net result +11.1k NOK → -39.8k NOK. Equity 35.5k NOK → -4 301 NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3NEVA AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 50.0k NOK to 151.9k NOK (+203.8% YoY). Calculated
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Operating result improved
Operating result +12.6k NOK → +46.2k NOK (op. margin 25.3% → 30.4%). Calculated
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Cash rose
Bank deposits 6 906 NOK → 171.2k NOK (+2379.2% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.06× → 3.15×. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 11.1k NOK profit to a loss of 39.8k NOK. Calculated
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Equity eroded
Book equity 35.5k NOK → -4 301 NOK (equity ratio 2.7% → -0.2%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation