3T PRODUKTER AS: årsregnskap 2022 vs 2021
Stronger earnings, cash halved-plus, fresh owner capital
approved 2023-06-30; registry 2023-08-16; journal 2023 689387
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 3T PRODUKTER AS. Revenue 53.42m NOK → 52.64m NOK (-1.5%). Net result +968.2k NOK → +1.38m NOK. Equity 11.39m NOK → 14 NOK.
On the constructive side: net result improved; owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for 3T PRODUKTER AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +968.2k NOK → +1.38m NOK (net margin 1.8% → 2.6%). Calculated
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Owners injected capital
Paid-in equity rose 393.9k NOK → 742.6k NOK (+348.7k NOK). Reported fact
What deteriorated
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Revenue fell
Operating income / revenue moved from 53.42m NOK to 52.64m NOK (-1.5% YoY). Calculated
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Operating result weakened
Operating result +9.49m NOK → -2.45m NOK (op. margin 17.8% → -4.7%). Calculated
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Equity eroded
Book equity 11.39m NOK → 14 NOK (equity ratio 7.6% → 0.0%). Calculated
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Cash fell
Bank deposits 17.67m NOK → 3.82m NOK (-78.4% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Sharp cash drawdown
Cash fell by more than 60% YoY (17.67m NOK → 3.82m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS fell
COGS / varekostnad 7.96m NOK → 7.25m NOK (-8.9% YoY). Calculated