Org.nr 989 086 111 2022 → 2023 Year-over-year analysis

3RIV AS: årsregnskap 2023 vs 2022

Grew 25% on revenue, weaker earnings

approved 2024-07-31; registry 2024-08-03; journal 2024 710964

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 3RIV AS. Revenue 66.8k NOK → 83.2k NOK (+24.6%). Net result +62.8k NOK → +41.6k NOK. Equity 6.27m NOK → 5.89m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3RIV AS.

Scorecard

Revenue
66.8k NOK 83.2k NOK
+24.6%
Operating result
+45.5k NOK +20.8k NOK
-54.3%
Net result
+62.8k NOK +41.6k NOK
-33.8%
Equity
6.27m NOK 5.89m NOK
-6.1%
Cash
21.4k NOK 110.5k NOK
+416.1%
Total assets
6.29m NOK 6.00m NOK
-4.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 66.8k NOK to 83.2k NOK (+24.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 21.4k NOK → 110.5k NOK (+416.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +45.5k NOK → +20.8k NOK (op. margin 68.1% → 25.0%). Calculated

  • ↓

    Net result weakened

    Net result +62.8k NOK → +41.6k NOK (net margin 94.0% → 50.0%). Calculated

  • ↓

    Equity eroded

    Book equity 6.27m NOK → 5.89m NOK (equity ratio 99.6% → 98.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.34m NOK → 319.1k NOK. Reported fact