3TECH AS: årsregnskap 2021 vs 2020
Grew 3179% on revenue, stronger earnings
approved 2022-04-21; registry 2022-07-26; journal 2022 716926
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3TECH AS. Revenue 467 NOK → 15.3k NOK (+3178.8%). Net result 0 NOK → +293.1k NOK. Equity 0 NOK → 323.1k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3TECH AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 467 NOK to 15.3k NOK (+3178.8% YoY). Calculated
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Net result improved
Net result 0 NOK → +293.1k NOK (net margin 0.0% → 1913.9%). Calculated
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Equity strengthened
Book equity 0 NOK → 323.1k NOK. Calculated
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Cash rose
Bank deposits 437 NOK → 1 771 NOK (+305.3% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.66× → 1496.00×. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 5.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation