Org.nr 912 716 457 2020 → 2021 Year-over-year analysis

2 PLAY AS: årsregnskap 2021 vs 2020

Shrank 7% on revenue, stronger earnings

approved 2022-05-31; registry 2022-06-14; journal 2022 421373

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 2 PLAY AS. Revenue 6.40m NOK → 5.94m NOK (-7.1%). Net result +691.1k NOK → +878.8k NOK. Equity -580.5k NOK → 298.3k NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 2 PLAY AS.

Scorecard

Revenue
6.40m NOK 5.94m NOK
-7.1%
Operating result
+712.4k NOK +882.2k NOK
+23.8%
Net result
+691.1k NOK +878.8k NOK
+27.2%
Equity
-580.5k NOK 298.3k NOK
+151.4%
Cash
1.45m NOK 2.17m NOK
+49.8%
Total assets
2.29m NOK 2.95m NOK
+28.9%

What improved

  • ↑

    Operating result improved

    Operating result +712.4k NOK → +882.2k NOK (op. margin 11.1% → 14.8%). Calculated

  • ↑

    Net result improved

    Net result +691.1k NOK → +878.8k NOK (net margin 10.8% → 14.8%). Calculated

  • ↑

    Equity strengthened

    Book equity -580.5k NOK → 298.3k NOK (equity ratio -25.3% → 10.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.45m NOK → 2.17m NOK (+49.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.82× → 1.12×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.40m NOK to 5.94m NOK (-7.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.42m NOK → 11.8k NOK (-99.7% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 4. Reported fact