3P - MILJØ AS: årsregnskap 2021 vs 2020
Grew 208% on revenue, slipped into loss, cash halved-plus
approved 2022-04-20; registry 2022-06-23; journal 2022 500953
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3P - MILJØ AS. Revenue 1 979 NOK → 6 087 NOK (+207.6%). Net result +147.5k NOK → -236.2k NOK. Equity 8.17m NOK → -148.1k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for 3P - MILJØ AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 979 NOK to 6 087 NOK (+207.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +195.8k NOK → -232.6k NOK (op. margin 9893.8% → -3820.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 147.5k NOK profit to a loss of 236.2k NOK. Calculated
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↓
Equity eroded
Book equity 8.17m NOK → -148.1k NOK (equity ratio 660.0% → -102.5%). Calculated
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↓
Cash fell
Bank deposits 263.3k NOK → 2 370 NOK (-99.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.18× → -1.12× — 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 -102.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1 819 NOK → 25.9k NOK (92% → 425% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 440.9k NOK → 13.0k NOK (-97.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 NOK → 28.1k NOK. Reported fact