Org.nr 896 991 752 2022 → 2023 Year-over-year analysis

3NOR EIENDOM AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, slipped into loss, cash halved-plus

approved 2024-07-18; registry 2024-07-27; journal 2024 676288

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 3NOR EIENDOM AS. Revenue 305.9k NOK → 1 305 NOK (-99.6%). Net result +347.1k NOK → -110.4k NOK. Equity 541.6k NOK → 431.2k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3NOR EIENDOM AS.

Scorecard

Revenue
305.9k NOK 1 305 NOK
-99.6%
Operating result
+406.7k NOK -95.4k NOK
-123.5%
Net result
+347.1k NOK -110.4k NOK
-131.8%
Equity
541.6k NOK 431.2k NOK
-20.4%
Cash
94.8k NOK 152 NOK
-99.8%
Total assets
821.0k NOK 701.3k NOK
-14.6%

What improved

  • ↑

    Payroll decreased

    Salary cost 195.3k NOK → 1 195 NOK (64% → 92% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 305.9k NOK to 1 305 NOK (-99.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +406.7k NOK → -95.4k NOK (op. margin 133.0% → -7313.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 347.1k NOK profit to a loss of 110.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 541.6k NOK → 431.2k NOK (equity ratio 66.0% → 61.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 94.8k NOK → 152 NOK (-99.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 640 NOK → 640.5k NOK. Reported fact