FirmaIQ
Org.nr 912 716 457 2021 → 2022 Year-over-year analysis

2 PLAY AS: årsregnskap 2022 vs 2021

Shrank 8% on revenue, slipped into loss

approved 2023-04-21; registry 2023-06-20; journal 2023 486971

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 2 PLAY AS. Revenue 5.94m NOK → 5.46m NOK (-8.0%). Net result +878.8k NOK → -276.2k NOK. Equity 298.3k NOK → 22.1k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2 PLAY AS.

At a glance

Scorecard

Revenue
5.94m NOK 5.46m NOK
-8.0%
Operating result
+882.2k NOK -275.0k NOK
-131.2%
Net result
+878.8k NOK -276.2k NOK
-131.4%
Equity
298.3k NOK 22.1k NOK
-92.6%
Cash
2.17m NOK 1.17m NOK
-46.0%
Total assets
2.95m NOK 2.01m NOK
-32.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.94m NOK to 5.46m NOK (-8.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +882.2k NOK → -275.0k NOK (op. margin 14.8% → -5.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 878.8k NOK profit to a loss of 276.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 298.3k NOK → 22.1k NOK (equity ratio 10.1% → 1.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.17m NOK → 1.17m NOK (-46.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation