FirmaIQ
Org.nr 919 981 962 2020 → 2021 Year-over-year analysis

3NOR INVEST AS: årsregnskap 2021 vs 2020

Shrank 7% on revenue, slipped into loss, cash halved-plus

approved 2022-06-28; registry 2022-06-30; journal 2022 571720

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 3NOR INVEST AS. Revenue 665.2k NOK → 616.0k NOK (-7.4%). Net result +58.3k NOK → -210.6k NOK. Equity 11.16m NOK → -47.4k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3NOR INVEST AS.

At a glance

Scorecard

Revenue
665.2k NOK 616.0k NOK
-7.4%
Operating result
+278.0k NOK -43.5k NOK
-115.6%
Net result
+58.3k NOK -210.6k NOK
-461.0%
Equity
11.16m NOK -47.4k NOK
-100.4%
Cash
143.8k NOK 49.8k NOK
-65.4%
Total assets
9.45m NOK 9.35m NOK
-1.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 665.2k NOK to 616.0k NOK (-7.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +278.0k NOK → -43.5k NOK (op. margin 41.8% → -7.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 58.3k NOK profit to a loss of 210.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 11.16m NOK → -47.4k NOK (equity ratio 118.1% → -0.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 143.8k NOK → 49.8k NOK (-65.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation