Org.nr 919 331 720 2022 → 2023 Year-over-year analysis

2 LIVE AS: årsregnskap 2023 vs 2022

Grew 31% on revenue, stronger earnings

approved 2024-04-01; registry 2024-04-03; journal 2024 344013

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 2 LIVE AS. Revenue 25.8k NOK → 33.8k NOK (+31.3%). Net result -286.2k NOK → -177.3k NOK. Equity -474.3k NOK → -651.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 2 LIVE AS.

Scorecard

Revenue
25.8k NOK 33.8k NOK
+31.3%
Operating result
-134.4k NOK +23.6k NOK
+117.5%
Net result
-286.2k NOK -177.3k NOK
+38.0%
Equity
-474.3k NOK -651.7k NOK
-37.4%
Total assets
5.34m NOK 5.39m NOK
+1.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 25.8k NOK to 33.8k NOK (+31.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -134.4k NOK → +23.6k NOK (op. margin -522.0% → 69.7%). Calculated

  • ↑

    Net result improved

    Net result -286.2k NOK → -177.3k NOK (net margin -1111.5% → -524.7%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -474.3k NOK → -651.7k NOK (equity ratio -8.9% → -12.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -12.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.91m NOK → 4.91m NOK. Reported fact