3T PRODUKTER HOLDING AS: årsregnskap 2023 vs 2022
Grew 1683% on revenue, weaker earnings, cash halved-plus
approved 2024-06-30; registry 2024-08-10; journal 2024 640074
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 3T PRODUKTER HOLDING AS. Revenue 20.6k NOK → 367.9k NOK (+1683.2%). Net result +51.99m NOK → +27.79m NOK. Equity 6.51bn NOK → 537.28m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for 3T PRODUKTER HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 20.6k NOK to 367.9k NOK (+1683.2% YoY). Calculated
-
↑
Payroll decreased
Salary cost 4.15bn NOK → 1 015 NOK (20105549% → 0% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -111.1k NOK → -185.1k NOK (op. margin -538.3% → -50.3%). Calculated
-
↓
Net result weakened
Net result +51.99m NOK → +27.79m NOK (net margin 252003.1% → 7555.1%). Calculated
-
↓
Equity eroded
Book equity 6.51bn NOK → 537.28m NOK (equity ratio 804.1% → 80.5%). Calculated
-
↓
Cash fell
Bank deposits 9.07m NOK → 1.17m NOK (-87.1% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (9.07m NOK → 1.17m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS fell
COGS / varekostnad 24.70m NOK → 22.01m NOK (-10.9% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 14.3k NOK → 14.52m NOK. Reported fact