Org.nr 912 187 691 2020 → 2021 Year-over-year analysis

3T FOSSEGRENDA AS: årsregnskap 2021 vs 2020

Grew 15% on revenue, weaker earnings

approved 2022-06-30; registry 2022-07-23; journal 2022 704694

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 3T FOSSEGRENDA AS. Revenue 6.12m NOK → 7.00m NOK (+14.5%). Net result -237.2k NOK → -402.2k NOK.

On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: net result weakened; cash fell.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 3T FOSSEGRENDA AS.

Scorecard

Revenue
6.12m NOK 7.00m NOK
+14.5%
Operating result
-526.4k NOK -516.0k NOK
+2.0%
Net result
-237.2k NOK -402.2k NOK
-69.6%
Cash
181.2k NOK 153.0k NOK
-15.5%
Total assets
3.88m NOK 4.44m NOK
+14.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.12m NOK to 7.00m NOK (+14.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -526.4k NOK → -516.0k NOK (op. margin -8.6% → -7.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.86× → 1.03×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -237.2k NOK → -402.2k NOK (net margin -3.9% → -5.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 181.2k NOK → 153.0k NOK (-15.5% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5.5 → 0. Reported fact