3VIRKE AS: årsregnskap 2022 vs 2021
Shrank 49% on revenue, slipped into loss
approved 2023-09-18; registry 2023-10-07; journal 2023 733235
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 3VIRKE AS. Revenue 7.40m NOK → 3.77m NOK (-49.0%). Net result +46.4k NOK → -281.9k NOK. Equity 5.14m NOK → -150.5k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 3VIRKE AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 5.76m NOK → 3.79m NOK (78% → 100% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.40m NOK to 3.77m NOK (-49.0% YoY). Calculated
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↓
Operating result weakened
Operating result +278.1k NOK → -402.9k NOK (op. margin 3.8% → -10.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 46.4k NOK profit to a loss of 281.9k NOK. Calculated
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↓
Equity eroded
Book equity 5.14m NOK → -150.5k NOK (equity ratio 237.9% → -10.6%). Calculated
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↓
Cash fell
Bank deposits 261.4k NOK → 244.4k NOK (-6.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -10.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 421.9k NOK → 102.2k NOK (-75.8% YoY). Calculated