3T STJØRDAL AS: årsregnskap 2021 vs 2020
Grew 11% on revenue, weaker earnings, cash halved-plus
approved 2022-06-30; registry 2022-07-23; journal 2022 704850
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3T STJØRDAL AS. Revenue 6.70m NOK → 7.46m NOK (+11.2%). Net result -70.7k NOK → -312.1k NOK. Equity 11.18m NOK → 10 NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 3T STJØRDAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.70m NOK to 7.46m NOK (+11.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -64.9k NOK → -400.4k NOK (op. margin -1.0% → -5.4%). Calculated
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↓
Net result weakened
Net result -70.7k NOK → -312.1k NOK (net margin -1.1% → -4.2%). Calculated
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↓
Equity eroded
Book equity 11.18m NOK → 10 NOK (equity ratio 436.5% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 266.7k NOK → 119.3k NOK (-55.3% 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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·
COGS fell
COGS / varekostnad 156.3k NOK → 145.5k NOK (-6.9% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 4 → 0. Reported fact