Org.nr 927 152 622 2022 → 2023 Year-over-year analysis

2-4 BYGG AS: årsregnskap 2023 vs 2022

Shrank 93% on revenue, weaker earnings, cash halved-plus

approved 2024-08-07; registry 2024-08-10; journal 2024 722346

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 2-4 BYGG AS. Revenue 3.05m NOK → 208.6k NOK (-93.2%). Net result -304.1k NOK → -602.4k NOK. Equity 69.1k NOK → 66.7k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 2-4 BYGG AS.

Scorecard

Revenue
3.05m NOK 208.6k NOK
-93.2%
Operating result
-300.0k NOK -603.5k NOK
-101.2%
Net result
-304.1k NOK -602.4k NOK
-98.1%
Equity
69.1k NOK 66.7k NOK
-3.4%
Cash
775.7k NOK 78.0k NOK
-90.0%
Total assets
4.11m NOK 4.35m NOK
+5.9%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 624.4k NOK (+600.0k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.05m NOK to 208.6k NOK (-93.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -300.0k NOK → -603.5k NOK (op. margin -9.8% → -289.3%). Calculated

  • ↓

    Net result weakened

    Net result -304.1k NOK → -602.4k NOK (net margin -10.0% → -288.8%). Calculated

  • ↓

    Equity eroded

    Book equity 69.1k NOK → 66.7k NOK (equity ratio 1.7% → 1.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 775.7k NOK → 78.0k NOK (-90.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 3.08m NOK → 664.2k NOK (-78.4% YoY). Calculated