2 BRØDRE HOLDING AS: årsregnskap 2023 vs 2022
Grew 34% on revenue, weaker earnings
approved 2024-06-30; registry 2024-08-03; journal 2024 704703
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 2 BRØDRE HOLDING AS. Revenue 5.69m NOK → 7.61m NOK (+33.8%). Net result -216.7k NOK → -1.89m NOK. Equity 2.67m NOK → 833.7k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 2 BRØDRE HOLDING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 5.69m NOK to 7.61m NOK (+33.8% YoY). Calculated
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↑
Operating result improved
Operating result +32.7k NOK → +230.9k NOK (op. margin 0.6% → 3.0%). Calculated
What deteriorated
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↓
Net result weakened
Net result -216.7k NOK → -1.89m NOK (net margin -3.8% → -24.9%). Calculated
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↓
Equity eroded
Book equity 2.67m NOK → 833.7k NOK (equity ratio 14.1% → 5.6%). Calculated
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↓
Cash fell
Bank deposits 111.6k NOK → 77.6k NOK (-30.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 18.56m NOK → 3 NOK. Reported fact