Org.nr 925 875 007 2020 → 2021 Year-over-year analysis

3XA INVEST AS: årsregnskap 2021 vs 2020

Weaker earnings, cash halved-plus

registry 2022-07-02; journal 2022 575280

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 3XA INVEST AS. Revenue 0 NOK → 841.2k NOK. Net result -6 765 NOK → -265.4k NOK. Equity 93.2k NOK → -172.1k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3XA INVEST AS.

Scorecard

Revenue
0 NOK 841.2k NOK
—
Operating result
-8 695 NOK -274.9k NOK
-3061.0%
Net result
-6 765 NOK -265.4k NOK
-3822.5%
Equity
93.2k NOK -172.1k NOK
-284.6%
Cash
100.0k NOK 43.9k NOK
-56.1%
Total assets
101.9k NOK 117.7k NOK
+15.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 841.2k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -8 695 NOK → -274.9k NOK. Calculated

  • ↓

    Net result weakened

    Net result -6 765 NOK → -265.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 93.2k NOK → -172.1k NOK (equity ratio 91.5% → -146.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 100.0k NOK → 43.9k NOK (-56.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 11.50× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -146.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation