3P - ENTREPRENØR AS: årsregnskap 2021 vs 2020
Grew 8337% on revenue, stronger earnings, cash halved-plus
approved 2022-04-20; registry 2022-06-23; journal 2022 500793
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3P - ENTREPRENØR AS. Revenue 1 705 NOK → 143.8k NOK (+8337.0%). Net result -319.8k NOK → -101.2k NOK. Equity -160.5k NOK → -261.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for 3P - ENTREPRENØR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 705 NOK to 143.8k NOK (+8337.0% YoY). Calculated
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↑
Operating result improved
Operating result -319.6k NOK → -101.2k NOK (op. margin -18746.0% → -70.3%). Calculated
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↑
Net result improved
Net result -319.8k NOK → -101.2k NOK (net margin -18755.8% → -70.3%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -160.5k NOK → -261.6k NOK (equity ratio -16.3% → -185.1%). Calculated
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↓
Cash fell
Bank deposits 131.5k NOK → 834 NOK (-99.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 859.92× → 0.40× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -185.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1 761 NOK → 1.18m NOK (103% → 821% of revenue). Calculated