3XA INVEST AS: årsregnskap 2022 vs 2021
Shrank 100% on revenue, stronger earnings, cash halved-plus
registry 2023-07-15; journal 2023 614557
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 3XA INVEST AS. Revenue 841.2k NOK → 841 NOK (-99.9%). Net result -265.4k NOK → -64.5k NOK. Equity -172.1k NOK → -236.7k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3XA INVEST AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -274.9k NOK → -48.9k NOK (op. margin -32.7% → -5813.2%). Calculated
-
↑
Net result improved
Net result -265.4k NOK → -64.5k NOK (net margin -31.5% → -7673.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 841.2k NOK to 841 NOK (-99.9% YoY). Calculated
-
↓
Equity eroded
Book equity -172.1k NOK → -236.7k NOK (equity ratio -146.2% → -1379.1%). Calculated
-
↓
Cash fell
Bank deposits 43.9k NOK → 2 199 NOK (-95.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -1379.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation