Org.nr 916 451 407 2020 → 2021 Year-over-year analysis

2 HOLDING AS: årsregnskap 2021 vs 2020

Shrank 36% on revenue, weaker earnings

approved 2022-06-18; registry 2022-06-23; journal 2022 504827

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 2 HOLDING AS. Revenue 400.0k NOK → 257.5k NOK (-35.6%). Net result +393.6k NOK → +220.2k NOK. Equity 1.28m NOK → 2.50m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 2 HOLDING AS.

Scorecard

Revenue
400.0k NOK 257.5k NOK
-35.6%
Operating result
+393.6k NOK +250.6k NOK
-36.3%
Net result
+393.6k NOK +220.2k NOK
-44.1%
Equity
1.28m NOK 2.50m NOK
+95.4%
Cash
13.5k NOK 4.58m NOK
+33768.1%
Total assets
1.44m NOK 5.23m NOK
+264.2%

What improved

  • ↑

    Equity strengthened

    Book equity 1.28m NOK → 2.50m NOK (equity ratio 89.1% → 47.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.5k NOK → 4.58m NOK (+33768.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 400.0k NOK to 257.5k NOK (-35.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +393.6k NOK → +250.6k NOK (op. margin 98.4% → 97.3%). Calculated

  • ↓

    Net result weakened

    Net result +393.6k NOK → +220.2k NOK (net margin 98.4% → 85.5%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.24× → 0.79× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 742.5k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.24m NOK → 1.65m NOK. Reported fact