3S INVEST AS: årsregnskap 2023 vs 2022
Grew 50% on revenue, slipped into loss, cash halved-plus
approved 2024-06-06; registry 2024-06-20; journal 2024 500208
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 3S INVEST AS. Revenue 209.8k NOK → 315.3k NOK (+50.3%). Net result +982.7k NOK → -326.9k NOK. Equity 26.63m NOK → 26.30m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 3S INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 209.8k NOK to 315.3k NOK (+50.3% YoY). Calculated
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↑
Operating result improved
Operating result +166.0k NOK → +267.3k NOK (op. margin 79.1% → 84.8%). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 982.7k NOK profit to a loss of 326.9k NOK. Calculated
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↓
Equity eroded
Book equity 26.63m NOK → 26.30m NOK (equity ratio 100.0% → 99.8%). Calculated
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↓
Cash fell
Bank deposits 5.65m NOK → 1.62m NOK (-71.3% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (5.65m NOK → 1.62m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 1.95m NOK → 399.6k NOK. Reported fact