2 KNOP AS: årsregnskap 2022 vs 2021
Shrank 37% on revenue, stronger earnings
registry 2023-07-03; journal 2023 562998
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 2 KNOP AS. Revenue 764.8k NOK → 478.3k NOK (-37.5%). Net result -66.1k NOK → -27.6k NOK. Equity 5 456 NOK → -22.2k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 2 KNOP AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -76.2k NOK → -35.6k NOK (op. margin -10.0% → -7.4%). Calculated
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Net result improved
Net result -66.1k NOK → -27.6k NOK (net margin -8.6% → -5.8%). Calculated
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Cash rose
Bank deposits 78.4k NOK → 86.0k NOK (+9.7% YoY). Calculated
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Payroll decreased
Salary cost 1.27m NOK → 256.6k NOK (166% → 54% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 764.8k NOK to 478.3k NOK (-37.5% YoY). Calculated
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↓
Equity eroded
Book equity 5 456 NOK → -22.2k NOK (equity ratio 3.9% → -13.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -13.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 432.3k NOK → 180.3k NOK (-58.3% YoY). Calculated