Org.nr 927 889 897 2021 → 2022 Year-over-year analysis

3TECH AS: årsregnskap 2022 vs 2021

Grew 100441% on revenue, stronger earnings

approved 2023-06-20; registry 2023-06-28; journal 2023 519193

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 3TECH AS. Revenue 15.3k NOK → 15.39m NOK (+100441.4%). Net result +293.1k NOK → +528.5k NOK. Equity 323.1k NOK → 766.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 3TECH AS.

Scorecard

Revenue
15.3k NOK 15.39m NOK
+100441.4%
Operating result
+368.5k NOK +663.8k NOK
+80.1%
Net result
+293.1k NOK +528.5k NOK
+80.3%
Equity
323.1k NOK 766.7k NOK
+137.3%
Cash
1 771 NOK 3.04m NOK
+171732.3%
Total assets
5.67m NOK 5.92m NOK
+4.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.3k NOK to 15.39m NOK (+100441.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +368.5k NOK → +663.8k NOK (op. margin 2406.4% → 4.3%). Calculated

  • ↑

    Net result improved

    Net result +293.1k NOK → +528.5k NOK (net margin 1913.9% → 3.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 323.1k NOK → 766.7k NOK (equity ratio 5.7% → 13.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 771 NOK → 3.04m NOK (+171732.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 8.97m NOK (0% → 58% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3 546 NOK → 2.93m NOK (+82507.1% YoY). Calculated