Org.nr 989 086 111 2021 → 2022 Year-over-year analysis

3RIV AS: årsregnskap 2022 vs 2021

Grew 24% on revenue, stronger earnings, cash halved-plus

approved 2023-05-23; registry 2023-07-08; journal 2023 585909

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 3RIV AS. Revenue 53.8k NOK → 66.8k NOK (+24.3%). Net result +1 771 NOK → +62.8k NOK. Equity 6.41m NOK → 6.27m NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 3RIV AS.

Scorecard

Revenue
53.8k NOK 66.8k NOK
+24.3%
Operating result
-33.0k NOK +45.5k NOK
+237.8%
Net result
+1 771 NOK +62.8k NOK
+3448.4%
Equity
6.41m NOK 6.27m NOK
-2.2%
Cash
57.8k NOK 21.4k NOK
-63.0%
Total assets
6.43m NOK 6.29m NOK
-2.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 53.8k NOK to 66.8k NOK (+24.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -33.0k NOK → +45.5k NOK (op. margin -61.4% → 68.1%). Calculated

  • ↑

    Net result improved

    Net result +1 771 NOK → +62.8k NOK (net margin 3.3% → 94.0%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 6.41m NOK → 6.27m NOK (equity ratio 99.7% → 99.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 57.8k NOK → 21.4k NOK (-63.0% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 210.0k NOK → 70.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 55.2k NOK → 4.34m NOK. Reported fact