FirmaIQ
Org.nr 952 621 378 2020 → 2021 Year-over-year analysis

3PL SOLUTIONS AS: årsregnskap 2021 vs 2020

Grew 18% on revenue, stronger earnings

approved 2022-03-02; registry 2022-03-31; journal 2022 166946

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 3PL SOLUTIONS AS. Revenue 58.38m NOK → 68.83m NOK (+17.9%). Net result +4.71m NOK → +11.14m NOK. Equity 3.92m NOK → 3.93m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 3PL SOLUTIONS AS.

At a glance

Scorecard

Revenue
58.38m NOK 68.83m NOK
+17.9%
Operating result
+6.04m NOK +14.31m NOK
+137.0%
Net result
+4.71m NOK +11.14m NOK
+136.4%
Equity
3.92m NOK 3.93m NOK
+0.0%
Cash
6.51m NOK 6.46m NOK
-0.8%
Total assets
18.30m NOK 20.24m NOK
+10.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 58.38m NOK to 68.83m NOK (+17.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +6.04m NOK → +14.31m NOK (op. margin 10.3% → 20.8%). Calculated

  • ↑

    Net result improved

    Net result +4.71m NOK → +11.14m NOK (net margin 8.1% → 16.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.92m NOK → 3.93m NOK (equity ratio 21.4% → 19.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 6.51m NOK → 6.46m NOK (-0.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 17.27m NOK → 18.43m NOK (30% → 27% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 16.78m NOK → 18.73m NOK (+11.6% YoY). Calculated