Org.nr 998 509 882 2020 → 2021 Year-over-year analysis

3T HOLDING AS: årsregnskap 2021 vs 2020

Grew 16% on revenue, stronger earnings

registry 2022-07-04; journal 2022 556253

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 3T HOLDING AS. Revenue 2.25m NOK → 2.61m NOK (+15.7%). Net result +1.55m NOK → +1.87m NOK. Equity 52.61m NOK → 49.49m 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 3T HOLDING AS.

Scorecard

Revenue
2.25m NOK 2.61m NOK
+15.7%
Operating result
+1.56m NOK +1.87m NOK
+20.3%
Net result
+1.55m NOK +1.87m NOK
+20.5%
Equity
52.61m NOK 49.49m NOK
-5.9%
Cash
318.0k NOK 184.5k NOK
-42.0%
Total assets
55.77m NOK 54.67m NOK
-2.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.25m NOK to 2.61m NOK (+15.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.56m NOK → +1.87m NOK (op. margin 69.1% → 71.8%). Calculated

  • ↑

    Net result improved

    Net result +1.55m NOK → +1.87m NOK (net margin 69.0% → 71.9%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 52.61m NOK → 49.49m NOK (equity ratio 94.3% → 90.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 318.0k NOK → 184.5k NOK (-42.0% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 45.98m NOK → 38.98m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.24m NOK → 1.03m NOK. Reported fact