3P - MILJØ AS: årsregnskap 2023 vs 2022
Grew 43% on revenue, weaker earnings
approved 2024-03-06; registry 2024-03-11; journal 2024 323494
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 3P - MILJØ AS. Revenue 1.64m NOK → 2.34m NOK (+42.8%). Net result -239.4k NOK → -629.6k NOK. Equity -387.5k NOK → -1.02m NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; 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 1.64m NOK to 2.34m NOK (+42.8% YoY). Calculated
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↑
Cash rose
Bank deposits 11.2k NOK → 35.0k NOK (+211.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.76× → 2.74×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -226.0k NOK → -609.2k NOK (op. margin -13.8% → -26.0%). Calculated
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↓
Net result weakened
Net result -239.4k NOK → -629.6k NOK (net margin -14.6% → -26.9%). Calculated
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↓
Equity eroded
Book equity -387.5k NOK → -1.02m NOK (equity ratio -74.9% → -161.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -161.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1.37m NOK → 2.41m NOK (84% → 103% of revenue). Calculated
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COGS fell
COGS / varekostnad 60.8k NOK → 4 009 NOK (-93.4% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1 → 9. Reported fact