3V3 NORGE AS: årsregnskap 2021 vs 2020
Shrank 16% on revenue, returned to profit
approved 2022-05-29; registry 2022-06-02; journal 2022 401819
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3V3 NORGE AS. Revenue 5.34m NOK → 4.49m NOK (-15.8%). Net result -244.7k NOK → +287.3k NOK. Equity -456.8k NOK → -169.5k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3V3 NORGE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -215.4k NOK → +331.2k NOK (op. margin -4.0% → 7.4%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 244.7k NOK to a profit of 287.3k NOK. Calculated
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↑
Equity strengthened
Book equity -456.8k NOK → -169.5k NOK (equity ratio -35.8% → -10.8%). Calculated
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Cash rose
Bank deposits 290.7k NOK → 889.2k NOK (+205.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.34m NOK to 4.49m NOK (-15.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.06m NOK → 1.20m NOK (20% → 27% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.62m NOK → 2.25m NOK (-37.8% YoY). Calculated