Org.nr 926 726 129 2022 → 2023 Year-over-year analysis

3XF HOLDING AS: årsregnskap 2023 vs 2022

Weaker earnings, cash halved-plus

approved 2024-05-27; registry 2024-07-04; journal 2024 600792

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 3XF HOLDING AS. Net result -64.0k NOK → -3.02m NOK. Equity 624.4k NOK → -2.92m NOK.

Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 3XF HOLDING AS.

Scorecard

Operating result
-7 072 NOK n/m
—
Net result
-64.0k NOK -3.02m NOK
-4624.3%
Equity
624.4k NOK -2.92m NOK
-567.2%
Cash
22.8k NOK 2 898 NOK
-87.3%
Total assets
3.48m NOK 2 898 NOK
-99.9%

What deteriorated

  • ↓

    Net result weakened

    Net result -64.0k NOK → -3.02m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 624.4k NOK → -2.92m NOK (equity ratio 17.9% → -100663.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 22.8k NOK → 2 898 NOK (-87.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -100663.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 721.4k NOK → 40.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3.46m NOK → 3 457 NOK. Reported fact