FirmaIQ
Org.nr 923 703 330 2021 → 2022 Year-over-year analysis

2 HJUL SERVICE AS: årsregnskap 2022 vs 2021

Grew 463% on revenue, returned to profit

approved 2023-05-15; registry 2023-06-19; journal 2023 497576

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 2 HJUL SERVICE AS. Revenue 216.9k NOK → 1.22m NOK (+463.1%). Net result -60.2k NOK → +147.4k NOK. Equity -221.5k NOK → -74.1k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2 HJUL SERVICE AS.

At a glance

Scorecard

Revenue
216.9k NOK 1.22m NOK
+463.1%
Operating result
-61.9k NOK +145.3k NOK
+334.6%
Net result
-60.2k NOK +147.4k NOK
+344.6%
Equity
-221.5k NOK -74.1k NOK
+66.5%
Cash
31.9k NOK 32.2k NOK
+1.0%
Total assets
218.8k NOK 276.8k NOK
+26.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 216.9k NOK to 1.22m NOK (+463.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -61.9k NOK → +145.3k NOK (op. margin -28.6% → 11.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 60.2k NOK to a profit of 147.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -221.5k NOK → -74.1k NOK (equity ratio -101.2% → -26.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 264.3k NOK → 134.4k NOK (122% → 11% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 737.6k NOK → 680.7k NOK (-7.7% YoY). Calculated